Moxsh Overseas Educon Limited — Others, 28-05-2025: Appointment
Moxsh Overseas Educon Limited has announced a board meeting outcome including approval of the financial results for the quarter and half-year. The auditor issued an unmodified opinion. The company appointed M/s. Prachi Bansal & Associates as Secretarial Auditors for FY 2024-25 and M/s. VTSN & Associates LLP for a five-year term from FY 2025-26, pending shareholder approval. M/s. Shah & Vejani were re-appointed as internal auditors for FY 2025-26. Standalone results show a marginal profit before tax of INR 6.39 lakhs, recovering from a prior loss despite INR 358.66 lakhs in overdue trade receivables expected to be recovered. Consolidated results show a loss before tax of INR 46.09 lakhs. Capital advances and work-in-progress indicate ongoing expansion plans for physical centers. A prepaid legal services payment of INR 48 lakhs was made for five years.
