Nandani Creation Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting

Board meeting outcome: The company reported its consolidated financial results for the quarter and half-year ended September 30, 2023. Q2 FY24 consolidated revenue hit Rs 62.98 Cr, with total comprehensive income at Rs 1.95 Cr. For the half-year, revenue reached Rs 122.38 Cr and income was Rs 3.81 Cr.

Key decisions include a declared interim dividend of Rs 0.50 per share (25%). The board also greenlit a Rights Issue to raise up to Rs 49.99 Cr, earmarked for debt reduction, working capital, and general corporate needs. Furthermore, Mr. Tushar Kanti Jana has been appointed as the new Chief Financial Officer.