ALPHA TRIBE

Naturewings Holidays LtdOthers, 02-08-2025: Others

02-08-2025 | 02:34 pm

Naturewings Holidays has released its Annual Report for FY25. The company reported a net profit of ₹1.08 Cr on revenue of ₹21.47 Cr. Following its successful IPO last year, which raised ₹7.03 Cr, the company is now undertaking a preferential issue of 4.99 lakh equity shares at ₹75 each, totaling ₹3.74 Cr, primarily to boost working capital. Shareholders will vote on this capital raise and a proposed dividend of ₹1.50 per share. The board also approved an increase in monthly pay for the Managing Director to ₹2.30 Lakh and the Whole-Time Director to ₹60,000, citing their leadership and operational contributions. Auditors noted some documentation issues for expenses.

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