HLV LIMITED — Others, 22-05-2025: Appointment

HLV Limited has announced a board meeting approving the financial results for the quarter and half-year. The company posted total income of Rs. 21,840 lakhs and net profit of Rs. 2,613 lakhs for the year ended March 31, 2025, with earnings per share at Rs. 0.40. The board approved the re-appointment of Mr. Vivek Nair as Chairman & Managing Director and Mr. Dinesh Nair as Co-Chairman & Managing Director for five years, subject to shareholder approval. M/s. Murali & Venkat and M/s. RAAM & Associates LLP were appointed as Internal and Secretarial Auditors, respectively, for five years. The company is actively addressing legal disputes with Airports Authority of India regarding lease rentals and eviction but remains a going concern.