Scan Projects Ltd — Others, 03-07-2025: AGM/EGM

Scan Projects Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025, alongside its 33rd Annual General Meeting. The company reported strong revenue growth to Rs. 1194 Lakhs from Rs. 799 Lakhs last year, driven by increased sales in erection, commissioning, supervision services, and trading activities. Profit after tax surged to Rs. 58.5 Lakhs from Rs. 5.6 Lakhs, reflecting improved operational performance and better orders in Northern and Northeastern India. The board proposes re-appointment of Ms. Prakriti Chandra as director and Mr. Sunil Chandra as managing director for five years. Related party transactions continued at arm’s length and in the ordinary course, involving group entities linked to key managerial personnel. The company’s net worth rose significantly backed by retained earnings and capital reserves. No dividend has been declared for the year. The company’s internal controls and corporate governance systems are reported as adequate and effective.