MPIL Corporation Ltd — Board Meeting, 05-08-2025: Board Meeting

The Board of MPIL Corporation has approved the financial results for the quarter ended June 30, 2025, reporting a profit of ₹0.12 Cr from a total income of ₹0.38 Cr. A key strategic move includes approving an investment of up to ₹10 Cr in Grishma Constructions & Trading Private Limited to expand business operations. Changes in leadership saw Mr. Kailasam Krishnamoorthy step down as an Independent Director, while Mr. Devanshu Desai, bringing over three decades of legal experience, was appointed as an Additional Independent Director, subject to shareholder approval. The company also announced its 66th Annual General Meeting for September 22, 2025.