IL&FS Engineering and Construction Company Limited — Others, 18-07-2025: Shareholders meeting

The company has announced its Annual General Meeting on August 21 for FY25, where annual financial results will be adopted. Revenue increased to ₹321.38 Cr, and net loss significantly narrowed to ₹4.92 Cr, reflecting improved operational performance and project execution. The order book grew to ₹635 Cr. Despite this, the company's net worth remains negative, and it continues to default on loans due to an ongoing resolution process by the promoter group. A bid for equity stake has been approved by creditors, awaiting further regulatory clearances, crucial for resuming normal operations. Shareholders will also vote on re-appointing Mr. Nand Kishore as Director and approving M/s MAKS & Co. as the new Secretarial Auditor for five years.