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

MMP Industries' board has approved consolidated financial results for the quarter ending June 30, 2025. Revenue stood at ₹183.30 Cr. The company reported a net loss of ₹5.41 Cr, significantly impacted by an exceptional loss of ₹17.29 Cr related to the April 2025 Umred plant explosion.

The board appointed M/s. Vaibhav Jachak as Statutory Auditors and M/s. Khanuja Patra & Associates as Cost Auditor (pending shareholder nod for fees). Director changes include Mr. Karan Varma's resignation, with Mr. Sachin Nirgudkar and Ms. Rohini Bhandari joining as Additional Directors.