FGP Ltd — Updates, 01-08-2025: Company Update

FGP Limited's board has approved its financial results for the quarter, reporting a profit of ₹0.27 Cr. The company announced upcoming changes in its leadership, with Mr. Avi Mundecha stepping down as Company Secretary and Compliance Officer. Ms. Shalu Sarraf has been appointed as his successor, following internal evaluations; her appointment, which is a material related party transaction, requires member approval. Further, the board approved a proposal to alter the company's constitution (MOA) to enter the new business of commodity trading. This strategic move, pending shareholder approval, is expected to generate additional revenue.