ALPHA TRIBE

IZMO LimitedBoard Meeting, 30-05-2025: Outcome of Board Meeting

30-05-2025 | 05:12 pm

Izmo Limited has announced a board meeting on the approval of the financial results for the quarter and half-year. Consolidated revenue hit Rs. 259.87 Cr with profit after tax at Rs. 48.88 Cr, marking solid growth year-over-year. The board appointed Mr. M Venkatesha as Internal Auditor and Mr. Syed Shahabuddin as Secretarial Auditor for five years, pending shareholder approval. They approved allotment of 20,854 shares under ESOP, increasing paid-up capital to Rs. 148.93 Cr. An EGM is planned for shareholder nod on MD’s re-appointment and ESOP amendments. Controls and audit reports remain clean.

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