ALPHA TRIBE

Maxheights Infrastructure LtdOthers, 23-08-2025: Others

23-08-2025 | 02:46 pm

Max Heights Infrastructure has announced its 44th Annual General Meeting on September 19, 2025. For FY2024-25, total income significantly dropped to ₹4.62 Cr from ₹22.90 Cr, leading to a net loss of ₹0.40 Cr versus a ₹0.31 Cr profit last year. Key changes include a 24 lakh share transfer between promoters, and the Board supports re-appointments of Mr. Naveen Narang as Managing Director (with ₹0.24 Cr annual pay, needing member approval) and Mr. Gourav as Independent Director. The company also faces a ₹9 lakh SEBI penalty for past shareholding classifications. Management remains optimistic about future real estate and commercial projects.

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