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Incorporated in 2006, Shree OSFM E-Mobility Ltd is engaged in providing employee transportation services to large MNCs with a presence across major cities in India.
SHREE OSFM E-MOBILITY board approved FY25-26 Director's Report and scheduled its 20th AGM. The board also confirmed the re-appointment of M. S. Sheth & Associates as Internal Auditor and Deep Shukla & Associates as Secretarial Auditor for FY26-27.
Shree OSFM reports H1 FY26 income up 11.82%, EBITDA up 18.94%. Initiates European intercity mobility partnership, ties with Uber for ride-hailing, and collaborates on carbon-neutral government projects. Reaffirms transparent use of IPO (₹24.60 Cr) and preferential (₹15.34 Cr) funds amidst market reports.
SHREE OSFM E-MOBILITY LIMITED categorically denies speculative media reports alleging IPO proceeds diversion. The company asserts claims are unfounded, affirming rigorous adherence to fund utilization rules and strong corporate governance. Stakeholders should disregard rumors, company maintains financial integrity.
Shree OSFM E-Mobility Limited reported a remarkable 115% surge in net profit for H1 FY25, reaching ₹4.78 crore, up from ₹2.23 crore in H1 FY24. This strong performance was supported by a 23.08% increase in total revenue to ₹68.89 crore and an EBITDA of ₹9.18 crore, reflecting a 24.31% increase...