Shaival Reality Limited — Board Meeting, 01-05-2025: Outcome of Board Meeting

Shaival Reality has announced a board meeting on 1st May 2025 where it approved consolidated financial results for the quarter and half-year, reporting total income of Rs 149.01 lakh and a profit before tax of Rs 70.99 lakh. The company decided to exit two joint ventures by transferring stakes to its tech partner, Waffle Crete (India) Pvt Ltd. Management changes include Mr. Shaival Mayur Desai shifting to Non-Executive Director, along with committee restructurings. An EGM on May 28 will finalize the JV exits and appoint independent director Mrs. Rinkal Maulik Jasani.