Williamson Magor & Company News

Williamson Magor Board Changes: Two Directors Resign

Williamson Magor & Co. Limited announces resignation of two Non-Executive & Non-Independent Directors Mrs. Sonali Datta Sarkar and Mr Amit Dey effective January 28, 2026 due to personal commitments.

Williamson Magor Appoints Two Additional Directors

Williamson Magor & Co. Limited appointed Mr. Dilip Kumar Parida and Mr. Javed Hossain as Additional Directors (Non-Executive & Non-Independent) effective January 28, 2026.

Williamson Magor Co. Reports Quarterly Loss Amid Financial Distress and NBFC License Issues

Williamson Magor Co. Limited reported a net loss of Rs. 30.9 crore for the quarter ended September 30, 2025, with auditors expressing qualified concerns over the company's going concern assumption due to fully eroded net worth. The company continues to face challenges including cancelled NBFC registration by RBI, defaults on loan repayments, and disputes with secured lenders including HDFC Bank Limited.

Williamson Magor & Co. Schedules Board Meeting for November 13 to Approve Quarterly Results

Williamson Magor & Co. Limited has announced that its Board of Directors will meet on November 13, 2025, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2025. The company has notified BSE, NSE, and Calcutta Stock Exchange about the scheduled meeting. The trading window for designated persons and their immediate relatives will remain closed until 48 hours after the declaration of the financial results to the stock exchanges.