ALPHA TRIBE

HLV LIMITEDOthers, 22-05-2025: Appointment

22-05-2025 | 03:38 pm

HLV Limited has announced a board meeting approving the financial results for the quarter and half-year, reporting total income of Rs. 218.4 Cr and net profit of Rs. 26.13 Cr for the year, with EPS at Rs. 0.40. The board approved the re-appointment of Mr. Vivek Nair as Chairman & MD and Mr. Dinesh Nair as Co-Chairman & MD for five years, subject to shareholder approval. New internal and secretarial auditors were appointed. The auditors issued a clean opinion but noted ongoing lease rental disputes with Airports Authority of India, treated as contingent liabilities without affecting the company's going concern status.

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