JMD Ventures Ltd — Others, 22-08-2025: Others

JMD Ventures has announced its 41st Annual General Meeting for FY25 on September 16, 2025, to adopt financial results and address key appointments. The company reported revenue of ₹2.92 Cr for FY25, down from ₹6.97 Cr in FY24, with Profit After Tax at ₹1.33 Cr, a decline from ₹2.09 Cr. No dividend is proposed to conserve resources. Leadership saw changes, including Kailash Prasad Purohit's re-appointment as MD. A new OTT subsidiary, JMD Cineplax, was formed. Auditors noted concerns about asset valuations and the company's non-registration with RBI for its financial activities.