Mahaveer Infoway Ltd — Results, 29-07-2025: Result

Mahaveer Infoway's board has approved the financial results for the quarter ended June 30, 2025, reporting a profit of 0.10 Cr. Key leadership changes include Mr. Sachin Jain's appointment as Additional Director and Mr. Ashitosh Kothari as Chief Financial Officer, following Mr. Vijay Jain's resignation. The company plans to focus on importing and distributing electronic items. The board also authorized enhancing borrowing powers and the power to advance loans/guarantees, each up to 100 Cr, and approved increasing the Managing Director's remuneration, pending shareholder approval. An Annual General Meeting will be held on August 29, 2025.