Madhuveer Com 18 Network Ltd — Updates, 29-05-2025: Company Update
29-05-2025 | 06:14 pm
29-05-2025 | 06:14 pm
Madhuveer Com 1.8 Network Limited has announced a secretarial compliance report for the financial year ended March 31, 2025, confirming overall adherence to statutory provisions and corporate governance practices. The company appointed new directors, including a Managing Director, and replaced its Company Secretary twice during the year. It increased authorized share capital, issued convertible warrants, and acquired 100% equity in subsidiaries including Jojo Global Inc. Some non-compliances were noted: non-disclosure of an arbitration award involving a claim of Rs. 14.31 lakh and delayed disclosure of material subsidiaries. The company plans to approach the NCLT to address the arbitration matter.
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