### Outcome of Board Meeting: Nitin Fire Protection Industries Ltd.

On October 30, 2025, Nitin Fire Protection Industries Ltd. announced significant developments following its Board Meeting. The company has been under the Corporate Insolvency Resolution Process since October 22, 2018, and subsequently entered liquidation on January 18, 2022. Mr. Uliyar Balakrishna Bhat is currently serving as the Liquidator, having successfully completed the sale of the company as a going concern.

During the meeting, the Liquidator approved the audited financial results for the quarter and year ending March 31, 2025, alongside the Audit Report, which received an unmodified opinion. Key highlights from the meeting include:

1. Audited Financial Results: The standalone and consolidated financial results for the fiscal year were approved, confirming the company's stable financial status. 2. Re-appointment of Auditors: M/s. Tolia & Associates has been reappointed as the Statutory Auditors for the financial year 2025-26, ensuring continued oversight of the company’s financial activities.

3. Awaiting Liquidation Closure: Although the sale certificate was issued on October 3, 2024, the company is still pending the final liquidation closure order from the Hon’ble NCLT.

The meeting marked a pivotal step in Nitin Fire Protection Industries Ltd.'s journey towards resolution and stability, as it transitions back into operational viability under new management. Investors and stakeholders are advised to stay informed as the company moves forward in compliance with the provisions of the Insolvency and Bankruptcy Code, 2016.

For further details, visit [Nitin Fire Protection Industries](http://www.nitinfire.com).