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Manbro Industries LtdBoard Meeting, 29-05-2025: Board Meeting

29-05-2025 | 02:59 pm

Manbro Industries Limited has announced a board meeting to approve the financial results for the quarter and half-year, reporting a net profit before tax of ₹6.08 million against ₹2.76 million previously. The company’s total assets rose sharply to ₹425.78 million from ₹29.55 million, supported by new investments of ₹422.19 million. Equity increased to ₹352.10 million from ₹1.52 million, aided by share capital and security premium. The Board appointed Kamal Chopra & Associates as Internal Auditor and Ritika Wason & Co. as Secretarial Auditor for FY 2024-25. They approved a proposed shift of the registered office from Delhi to Guwahati for operational efficiency and recommended increasing borrowing limits up to ₹500 Cr to support growth. The Board also proposed broadening the company’s business activities to include eco-friendly building materials, recycling, renewable energy, infrastructure, healthcare, financial services, and real estate development, subject to shareholder approval at an upcoming Extraordinary General Meeting.

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