HB Portfolio Ltd — Board Meeting, 26-05-2025: Board Meeting

HB Portfolio Limited has announced a board meeting on 26 May 2025 where it approved the financial results for the quarter and half-year ended 31 March 2025, reporting a standalone net loss of Rs. 76.98 lakh and a consolidated net loss of Rs. 4.31 lakh for the year. The company appointed Mrs. Asha Mehra as a proposed Independent Director, subject to shareholder approval, and extended the timeline by 12 months to complete a balance investment of Rs. 10 crore in its wholly-owned hospitality subsidiary, Infinix9 Hotels & Resorts Pvt. Ltd., which reported a loss of Rs. 9.99 lakh for FY25. It also reappointed Marv & Associates LLP as internal auditors and proposed the appointment of Mr. A.N. Kukreja as secretarial auditor for five years, pending shareholder approval. The interim dividend of Rs. 1 per share declared earlier is confirmed as final. The shift from NBFC to non-NBFC financial reporting reflects the company’s growing non-financial services revenue.