Power Mech Projects Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

The company has announced a board meeting outcome where it approved the consolidated financial results for the quarter and half-year. The board declared a dividend of Rs 2.50 per share, reflecting confidence in steady cash flow. Plans to raise funds through a rights issue were also greenlit to support expansion initiatives. Additionally, a key management appointment was confirmed, bringing in fresh expertise to drive growth. No mergers or acquisitions were reported. Overall, the board’s decisions signal a focus on strengthening financial health and accelerating strategic growth.