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

Vani Commercials Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The Board approved the standalone and consolidated audited financial results, with the statutory auditor issuing an unmodified opinion. Key governance changes include re-designation of Mr. Pranay Kumar Tayal from Non-Executive Independent Director to Non-Executive Non-Independent Director and appointment of Mr. Ajay Kumar Tayal as Whole-Time Director for three years. The company is expanding operations by opening a branch in Bokaro Steel City, Jharkhand. A cybercrime incident involving a fraudulent website illegally using the company's name was reported, with legal action initiated to protect stakeholders and company reputation. Related party transactions mainly involve advances and loans with promoters and directors, disclosed transparently with no material issues.