ALPHA TRIBE

Vivaa Tradecom LtdOthers, 07-07-2025: Others

07-07-2025 | 11:53 am

Vivaa Tradecom Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a rise in total income to Rs. 287.51 Cr from Rs. 198.47 Cr previously, mainly driven by its trading operations in textiles and laminate/MDF panel boards. Profit after tax increased to Rs. 0.76 Cr from Rs. 0.70 Cr. The company enhanced its authorized share capital from Rs. 5 Cr to Rs. 8 Cr and listed on BSE SME in 2023. Notably, it expanded its business scope beyond textiles via a strategic partnership with Rushil Décor Limited. Key managerial changes include the appointment of a new company secretary. The board recommends re-appointment of Mrs. Sangitaben Niranjankumar Jain as director. Borrowing and loan limits were approved for potential future financing needs. The company maintains sound internal controls with no outstanding material legal issues or defaults, and no dividend was declared to strengthen reserves.

No comments yet. Be the first to comment!

All announcements from Vivaa Tradecom Ltd