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GVP Infotech LimitedBoard Meeting, 30-07-2025: Outcome of Board Meeting

30-07-2025 | 05:29 pm

GVP Infotech's Board approved the financial results for the quarter ended June 30, 2025. Auditors highlighted key developments: a Rs 110.02 Cr arbitration with Minosha India Ltd. settled for Rs 20 Cr, with Rs 90.02 Cr expected to be written off next quarter. Auditors also noted the company has not provisioned Rs 40 Cr for doubtful debt from RUDSICO or Rs 7.90 Cr from Link well Tele systems, which could overstate receivables.

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