Coromandel Engineering Company Ltd — Board Meeting, 13-08-2025: Board Meeting

Coromandel Engineering's board approved the quarter's financial results, reporting a revenue of Rs 8.59 crore and a net loss of Rs 0.72 crore. A significant decision was the approval to incorporate CECL Urban Infra and Facility Services Private Limited, a wholly-owned subsidiary. This new entity, with an initial authorized capital of Rs 15 lakh, will expand the company's focus into construction, infrastructure development, and facility management services. Additionally, the board approved the appointment of a Secretarial Auditor for a five-year term and noted the re-appointment of a Non-Executive Director for shareholder consideration. The 77th Annual General Meeting is scheduled via video conferencing.