Univastu India Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Univastu's board met on August 12, approving Q1 FY26 consolidated results. Revenue from operations hit ₹29.41 Cr, up from ₹28.11 Cr last year, with net profit surging to ₹4.01 Cr, compared to ₹2.44 Cr. The board also cleared the appointment of D R B S V and Associates as new statutory auditors. Independent Director Mr. Ravindra Savant resigned due to other commitments, with Mr. Rajiv Kapoor stepping into his committee roles. MD Pradeep Khandagale's annual remuneration was revised to ₹0.96 Cr. Operational updates include progress on the Opal acquisition with ₹1.20 Cr payment pending, and the NCLAT setting aside the rejection of their Setubandhan resolution plan, extending the CIRP. Share warrants issued previously for ₹3.69 Cr remained unexercised this quarter.