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

Univastu India's board reviewed the financial results for the quarter, reporting consolidated revenue of ₹29.41 Cr and a net profit of ₹4.01 Cr. Key decisions include proposing the appointment of M/s D R B S V and Associates as new statutory auditors for five years (subject to shareholder approval). Mr. Ravindra Savant resigned as Independent Director, with Mr. Rajiv Kapoor joining several committees. The MD's remuneration was also set at ₹0.96 Cr annually, pending shareholder approval. Strategically, Univastu is progressing with the Opal acquisition (₹1.20 Cr payment due) and pursuing its resolution plan for Setubandhan Infrastructure, which the NCLAT has extended for 90 days.