M.V.K. Agro Food Product Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

M.V.K. Agro Food Product Limited has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose to Rs. 149.73 Cr with net profit at Rs. 9.33 Cr for FY25, both reflecting growth from last year. The company plans to raise authorized share capital from Rs. 17 Cr to Rs. 60 Cr and issue up to 46.05 lakh shares at Rs. 90 each through preferential allotment to non-promoters. It’s set to acquire full stakes in DR Shankarrao Chavan Jaggery and V.P.K. Agro Food via share swaps, expanding FMCG presence. Kabra & Maliwal appointed as internal auditors for FY26. An EGM will follow for shareholder approvals.