Resourceful Automobile Ltd — Board Meeting, 30-05-2025: Board Meeting

Resourceful Automobile Limited has announced a board meeting to approve the financial results for the quarter and half-year, reporting a net profit after tax of ₹1.27 Cr for the year ended. The company raised ₹11.99 Cr via IPO, with proceeds utilized primarily for working capital, debt repayment, and corporate purposes; unutilized funds remain in an escrow account. Ms. Punita Gupta has been appointed as an Independent Director for a five-year term, while Ms. Manju Verma resigned from the same role. New internal and secretarial auditors, M/s A. Mishra & Associates and M/s Prachi Bansal & Associates, have been appointed. Key board committees were reconstituted with these changes.