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Suvidha Infraestate Corporation LtdUpdates, 13-08-2025: Company Update

13-08-2025 | 04:00 pm

Suvidha Infraestate Corporation Limited announced its 33rd Annual General Meeting on September 19, 2025, via video conference. For the financial year ended March 31, 2025, the company reported a loss after tax of approximately ₹0.03 Cr, a decline from the previous year's profit of ₹0.32 Cr, with total income at ₹0.19 Cr. Management remains optimistic for future sales, especially with one plot sold from its '64 Park Avenue' project. The Board proposes re-appointing Kishore K. Goswami as Managing Director for five years without remuneration and appointing Ms. Parul K. Gajjar as an Independent Director for five years. The company is addressing an observation regarding promoter shareholding not being fully dematerialized.

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