Vilas Transcore Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Vilas Transcore has announced a board meeting approving the financial results for the quarter and half-year. Key updates include the resignation of CFO Vipulkumar Patel, effective May 21, 2025, and the appointment of Jasat Maznudar as the new CFO from May 22. Maznudar brings over 11 years of audit and finance experience. The company confirmed Rs. 85.95 Cr of IPO proceeds have been used as planned, with Rs. 45.02 lakh still parked in fixed deposits. The audit reports were clean, reflecting solid financial discipline.