Moxsh Overseas Educon Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

Moxsh Overseas Educon has announced a board meeting approving the consolidated financial results for the quarter and half-year. Revenue declined to ₹9.65 Cr from ₹10.64 Cr last year, but losses narrowed sharply to ₹0.51 Cr from ₹2.33 Cr. The company is actively recovering ₹3.59 Cr in overdue receivables. Key auditor changes include Prachi Bansal & Associates stepping in as secretarial auditors for FY25 and VTSN & Associates appointed for five years, along with the reappointment of Shah & Vejani as internal auditors for FY26. Expansion plans for physical ‘Studiums’ face delays, with advances to be capitalized.