ALPHA TRIBE

Mudunuru LtdUpdates, 14-08-2025: Company Update

14-08-2025 | 06:45 pm

Mudunuru's board approved financial results for the quarter ended June 30, 2025, reporting revenue from operations of 0.53 Cr and a net loss of 0.70 Cr. The board also decided to appoint M/s. M.M. Reddy & Co. as statutory auditors for five years, pending shareholder approval, replacing M/s. V. Ravi & Co. Additionally, the company authorized its Managing Director to pursue recovery efforts and initiate legal action regarding an invoicing and payment dispute with a client. Following warrant conversions, the paid-up equity share capital increased to 6.32 Cr, with 0.48 Cr raised being utilized for general corporate purposes.

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