Vani Commercials Ltd — Updates, 29-05-2025: Company Update

Vani Commercials Limited has announced a board meeting outcome approving the financial results for the quarter and financial year ended March 31, 2025. The statutory auditors issued an unmodified opinion on these audited standalone and consolidated results. Key board decisions include the change of Mr. Pranay Kumar Tayal's designation from Non-Executive Independent Director to Non-Executive Non-Independent Director, and the appointment of Mr. Ajay Kumar Tayal as Whole-Time Director for three years. The company approved opening a branch office at Bokaro Steel City to expand operations. The board addressed a cyber security incident involving a fraudulent website misusing the company’s name, with legal complaints filed to the Cyber Crime Cell in New Delhi. Related party transactions primarily involve loans and advances among promoters and directors, with disclosures provided. The company continues with no borrowings or defaults and maintains adequate internal financial controls.