Vascon Engineers Limited — Board Meeting, 04-08-2025: Outcome of Board Meeting

Vascon Engineers' recent board meeting yielded several key decisions. The board approved consolidated financial results for the quarter ended June 30, 2025, showing Revenue from Operations at ₹221.18 Cr and Profit for the period at ₹22.47 Cr.

The company reappointed Dr. Santosh Sundararajan as Whole Time Director & Group CEO for five years, effective May 31, 2026, and approved a revised remuneration for MD Mr. Siddharth Vasudevan Moorthy for three years, effective April 1, 2025. Both require shareholder approval. The Annual General Meeting is scheduled for September 24, 2025. Additionally, the company made a profit of ₹17.50 Cr from selling an investment in Ascent Hotels Pvt Ltd.