MMP Industries Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

MMP Industries' board has approved the consolidated financial results for Q1 FY25. The company reported a net loss of ₹5.41 Cr, significantly impacted by an exceptional loss of ₹17.29 Cr due to the April 2025 fire at its Umred Plant. Revenue from operations was ₹183.30 Cr.

In other key decisions, the board appointed M/s. Vaibhav Jachak as Statutory Auditors for five years and Khanuja Patra & Associates as Cost Auditors, whose remuneration will be presented to shareholders. Additionally, Mr. Sachin Nirgudkar and Ms. Rohini Bhandari were appointed as Additional Non-Executive Directors, following a director's resignation.