Veer Energy & Infrastructure Ltd — Others, 22-08-2025: AGM/EGM
22-08-2025 | 02:05 pm
22-08-2025 | 02:05 pm
Veer Energy & Infrastructure has released its Annual Report and scheduled its 45th Annual General Meeting for September 30. The company’s revenue from operations for FY25 grew to Rs 10.32 Cr from Rs 8.62 Cr last year, but net profit declined to Rs 0.18 Cr from Rs 0.33 Cr. No dividend was proposed, citing expansion plans. Shareholders will consider re-appointing a director and approving M/s. Nidhi Shah & Associates as the new Secretarial Auditor. Auditors also flagged a significant concern regarding the valuation of old inventory (Rs 5.88 Cr) and wind farm land (Rs 4.75 Cr) held since 2015, highlighting a risk of potential losses if not utilized or sold.
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