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

Vascon Engineers has announced its Q1 results, with consolidated revenue at **₹221.18 Cr** and profit after tax at **₹22.47 Cr**. The board approved the reappointment of Dr. Santosh Sundararajan as Whole Time Director & Group CEO for 5 years from May 31, 2026. They also approved revised remuneration for MD Mr. Siddharth Vasudevan Moorthy for 3 years from April 1, 2025; both are subject to shareholder approval. The company sold an investment for **₹45 Cr**, booking a **₹17.50 Cr** profit. The Annual General Meeting is set for September 24, 2025. Note: An earlier divestment of Almet Corporation is on hold due to a dispute, though control has been relinquished.