Vedant Asset Ltd — Important, 04-09-2025: Company Update

Vedant Asset will hold its Annual General Meeting on September 26, proposing key appointments including Mr. Lallit Tripathi as MD & Chairman (remuneration up to ₹0.012 Cr/month) and Mr. Rajesh Nath Shahdeo as Whole Time Director (up to ₹0.0036 Cr/month). The financial results for the year ended March 31, 2025, show a revenue increase to ₹3.84 Cr, but net profit dipped to ₹0.22 Cr due to higher operational costs. Important operational updates include divesting Kartik Credit Private Limited and a new strategic partnership with NSDL Payments Bank Limited, positioning the company for expanded service reach and future growth.