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Invigorated Business Consulting LtdUpdates, 29-07-2025: Company Update

29-07-2025 | 07:15 pm

Invigorated Business Consulting's board has approved its unaudited financial results for the quarter ended June 30, 2025, reporting an income of ₹0.06 Cr and a net loss of ₹0.04 Cr. Despite accumulated losses and fully eroded net worth, management maintains a going concern view based on future business plans and asset recovery. The company also announced Mr. Ashok Kumar Behl's resignation as Whole-time Director. Simultaneously, Mr. Parveen Kaushik, a Chartered Accountant with over a decade of experience, was appointed as Whole-time Director, pending shareholder approval for a five-year term. The board also proposes M/s. SMD & Co. as Secretarial Auditors for five years.

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