Raunaq International Ltd — Important, 01-10-2025: Company Update
01-10-2025 | 04:41 pm
01-10-2025 | 04:41 pm
Raunaq International Limited reported a significant turnaround for FY 2024-25. Total revenue rose to 22.06 Cr from 4.65 Cr in the previous year, reflecting successful execution of strategic initiatives. The company secured a 16.80 Cr contract from Adani Power and a new 15.40 Cr work order for the Mahan project in FY 2025-26, reinforcing its market presence. Trading operations in alloy steel also contributed 8.99 Cr. Shareholders adopted the financial statements, re-appointed Mr. Naresh Kumar Verma, and appointed Mr. Nagar Venkatraman Srinivasan as an Independent Director for five years, enhancing board expertise. M/s Sanket Jain & Co. were appointed as Secretarial Auditors for five years.
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