The Motor & General Finance Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

MGF Ltd's board approved Q1 FY26 consolidated net profit of ₹0.23 Cr, a strong rebound from the previous quarter's ₹0.01 Cr, though below ₹0.31 Cr from a year ago.

Key re-appointments include Chairman & MD Rajiv Gupta, Joint MD Arti Gupta, and Executive Director Arun Mitter, each for three years with annual salaries up to ₹0.30 Cr. The 95th AGM is set for September 25 virtually. New Secretarial and Internal Auditors were also appointed. Notably, an associate firm faces significant accumulated losses but continues with promoter support of ₹60.67 Cr.