Manorama Industries Limited — Others, 23-10-2024: Change in Management

Manorama Industries Limited's recent board meeting resulted in several key decisions: the approval of unaudited financial results for Q2 and H1 2024, Mr. Ashish Ramesh Saraf's appointment as Managing Director, and Mrs. Vinita Saraf's re-designation as Vice Chairperson. The company also incorporated a wholly-owned subsidiary in Brazil and initiated a postal ballot for member approvals on key management changes and related party transactions. Financial highlights include steady revenue growth and improving profit margins.