Mega Nirman and Industries Ltd — Others, 04-08-2025: Others

Mega Nirman & Industries, focused on EV charging solutions, reported a strong operational turnaround. FY25 turnover hit Rs. 78.25 Cr, a significant increase, leading to a net profit of Rs. 0.53 Cr after a prior-year loss. To fund future growth, the company proposes to increase authorized capital to Rs. 60 Cr to enable a rights issue of up to Rs. 50 Cr. This will strengthen its capital base for EV infrastructure expansion. The company also addressed legacy issues by writing off Rs. 5.60 Cr in trade payables and impairing Rs. 5.83 Cr in trade receivables, Rs. 0.80 Cr in loans, and Rs. 0.20 Cr in investments. No dividend was declared.