Approved the unaudited standalone and consolidated financial results for the quarter ended 30th June 2024.
Consolidated total income stood at ₹686.09 Lakhs.
Standalone total income stood at ₹176.22 Lakhs.
Appointed Ms. Kanthi Reddy Sunkerneni as an Additional Director, to be regularized in the upcoming AGM.
Re-appointed M/s. P R Chandra & Co as Internal Auditors and Ms. Putcha Sarada as Secretarial Auditor for FY 2024-25.
Approved availing Over Draft Facility for Working Capital from Axis Bank.
Approved payout of the balance amount (32%) to Mr. Arvind Dwivedi, Director & Ex-Share Holder of Verso Altima India Limited, valuing the company based on FY24 profits, subject to the Share Purchase Agreement terms.
Reconstituted various committees due to the end of tenure of Mr. Sunder Raj Nyayapathi as Independent Director.
The trading window has been closed from 1st July 2024 until 48 hours after the announcement of the financial results.