Praveg Ltd — Others, 18-07-2025: AGM/EGM

Praveg Limited reported robust FY25 consolidated revenue growth of 82.52% to ₹167.18 Cr and a 23.42% rise in PAT to ₹16.05 Cr. The company significantly expanded its hospitality footprint from 4 to over 15 resorts, adding over 600 rooms, including a Taj SeleQtions tie-up in Lakshadweep. Capital was raised via preferential share allotments totalling ₹123.48 Cr and convertible warrants. Strategic moves include acquiring two advertising firms and a partnership with Mahindra Holidays for 70 rooms. The board proposes a final dividend of Re. 1/- per share. The 30th Annual General Meeting is set for August 12, where shareholders will vote on auditor appointments and related party transactions.