Nila Spaces Limited — Board Meeting, 05-05-2025: Outcome of Board Meeting

Nila Spaces has announced a board meeting on May 5, 2025, approving the financial results for the quarter and year ended March 31, 2025. The group posted a consolidated profit before tax of ₹2047 Cr, up from ₹1598 Cr last year. It made a strategic move by investing in Smarter Dharma Sustainable Solutions Pvt Ltd, acquiring preference shares that translate to 2.32% equity. The board also appointed M/s Umesh Ved & Associates as secretarial auditor for five years, M/s M P Doshi & Associates as internal auditor, and M/s Dalwadi & Associates as cost auditor for FY26.