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Meghna Infracon Infrastructure LtdDividend/Bonus, 21-05-2025: Corp. Action

21-05-2025 | 01:32 pm

Megna Infracon Infrastructure Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025. The company declared an interim dividend of Rs. 0.10 per share and proposed a 1:1 bonus share issue from free reserves, subject to shareholder approval. The authorized share capital was increased to Rs. 25 Cr to accommodate this. An Extraordinary General Meeting is scheduled to seek shareholder approval. Mr. Dhaval Lapasia has been appointed as the new CEO effective July 1, 2025. The consolidated net profit after tax was Rs. 923.78 lakh for the year, driven by contributions from investment/trading and real estate segments.

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