Markobenz Ventures Ltd — Board Meeting, 04-06-2025: Board Meeting

Markobenz Ventures Limited has announced a board meeting to approve the financial results for the quarter and half-year. The Company reported revenue from operations of ₹6407.78 lakh for FY 2024-25, up from ₹2384.56 lakh the previous year, delivering a net profit of ₹179.72 lakh versus ₹219.47 lakh last year. The equity share capital increased to ₹1920 lakh following a rights issue of 1.44 Cr shares. Changes in the board include the appointment of Mr. Bhavin Yogesh Shukla as Managing Director and additions of Mr. Mahendra Kumar Jagdeesh Patel as Executive Director and Mr. Rakesh Kumar Pandey as Independent Director. The Company plans to change its name to Newtrac Foods & Beverages Limited and increase authorized share capital to ₹75 Cr. Statutory auditors M/s. NKSC & Co. were appointed for a 5-year term. No dividend is recommended for the year. The business continues in trading agricultural commodities with a focus on pulses like lentils, leveraging a strong distribution network, while monitoring risks from climate and price volatility.