Mahaveer Infoway Ltd — Board Meeting, 29-07-2025: Board Meeting

Mahaveer Infoway has announced a board meeting where it approved the financial results for the quarter ended June 30, 2025, reporting a profit of 0.10 Cr on a revenue of 0.75 Cr. The company appointed Mr. Sachin Jain as Additional Director and Mr. Ashitosh Kothari as Chief Financial Officer, while Mr. Vijay Jain resigned. Strategically, the company plans to focus on importing and distributing electronic items. Furthermore, the board enhanced borrowing powers and the ability to advance loans, both up to 100 Cr, boosting financial flexibility. The sale of partnership interest in Mahaveer Skyscrapers LLP was also approved.