Mahaveer Infoway Ltd — Others, 08-08-2025: Others
08-08-2025 | 04:48 pm
08-08-2025 | 04:48 pm
Mahaveer Infoway's 34th Annual General Meeting will address a reported net profit of Rs. 7.99 Lakh for the year, turning around from last year's Rs. 38.90 Lakh loss, with no dividend advised. Shareholders will vote on increasing borrowing and investment limits to Rs. 50 Crore each, and enabling the board to sell or lease company property. Director Jeetendra Bhansali won't seek re-appointment; Sachin Jain is proposed as Executive Director, and the MD's annual pay is proposed to increase to Rs. 24 Lakh from FY26. Auditors flagged past director pay exceeding limits by Rs. 16.21 Lakh without shareholder approval, and noted internal audit system issues.
No comments yet. Be the first to comment!
