ALPHA TRIBE

Edvenswa Enterprises LtdBoard Meeting, 14-08-2025: Board Meeting

14-08-2025 | 10:32 pm

Edvenswa Enterprises has announced a board meeting where it approved its financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹40.43 Cr, with a profit after tax of ₹4.40 Cr. The board also approved acquiring a 51% stake in Strategemist Global Private Limited for ₹5.1 lakhs, making it a subsidiary. This strategic acquisition aims to support business expansion and strengthen IT services and consulting capabilities. Additionally, the company confirmed no deviation in the utilization of funds raised via its Right Issue. This update provides clarity on both the company's financial health and strategic growth initiatives.

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