Morarka Finance Ltd — Board Meeting, 08-05-2025: Board Meeting
08-05-2025 | 02:22 pm
08-05-2025 | 02:22 pm
Morarka Finance Limited has announced a board meeting outcome including adoption of the audited financial results for the quarter and year. The company reported total income of ₹372.98 lakh for the year, with a net profit of ₹279.84 lakh. Other comprehensive income showed a significant negative impact, resulting in a total comprehensive loss of ₹6,717.50 lakh. The Board has proposed a dividend of Re. 1 per equity share (10%), pending shareholder approval. The 40th Annual General Meeting will be held via video conferencing. VKM & Associates has been appointed as Secretarial Auditor for five years, subject to shareholder approval. The audit report was issued with an unmodified opinion.
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