Vani Commercials Ltd — Board Meeting, 29-05-2025: Board Meeting

Vani Commercials Limited has announced a board meeting outcome including approval of the financial results for the quarter and financial year ended 31st March, 2025, with unqualified audit opinions on both standalone and consolidated statements by M/s MKRJ & Co. Key board changes include redesignation of Mr. Pranay Kumar Tayal from Non-Executive Independent to Non-Executive Non-Independent Director, appointment and elevation of Mr. Ajay Kumar Tayal as Whole-Time Director, and proposals for new additional directors pending regulatory approvals. The company will open a branch office in Bokaro Steel City to expand operations. A cyber fraud incident was reported involving misuse of the company’s name by a deceptive website operating as “VANI CASH,” leading to a complaint filed with Delhi Cyber Crime Cell, highlighting risks to the company’s reputation and customer data security. Related party transactions disclose advances and loans primarily involving directors and their affiliates without any material irregularities. The company maintains adequate internal financial controls, has no pending litigations impacting financials, and reports no defaults or borrowings as of year-end.