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Invigorated Business Consulting LtdBoard Meeting, 29-07-2025: Board Meeting

29-07-2025 | 06:54 pm

Invigorated Business Consulting's Board approved the financial results for the quarter ended June 30, 2025, reporting a net loss of Rs. 0.04 Cr on an income of Rs. 0.06 Cr. The company, currently with nil operational turnover, has accumulated losses and fully eroded net worth. Management confirms the going concern basis, focusing on recovering old NBFC assets and exploring new businesses. The Board noted the Whole-time Director Mr. Ashok Kumar Behl's resignation and approved Mr. Parveen Kaushik as his replacement, subject to shareholder endorsement for a five-year term. Additionally, M/s. SMD & Co. was appointed as Secretarial Auditors for five years, pending shareholder endorsement. The company deposited Rs. 10.56 Cr of unclaimed fixed deposits to the IEPF.

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