Electrotherm (India) Limited — Others, 29-07-2025: Amendment to AOA/MOA

Electrotherm's board has approved the financial results for the quarter ended June 30, 2025, reporting a consolidated net profit of 27.75 Cr on revenue of 834.05 Cr. Auditors noted a qualification due to non-provision of 46.50 Cr interest on non-performing assets for the quarter, understating total liabilities by 1259.15 Cr. The board also approved re-appointing Shailesh Bhandari and Suraj Bhandari as Managing Directors for five-year terms, subject to shareholder consent. Key changes include reclassifying authorized share capital of 78.59 Cr and amending Articles of Association. Additionally, the company approved a 75.00 Cr technical consultancy agreement with a related party, Prandev Tech Limited and Mr. Mukesh Bhandari, over two years.