Mega Nirman and Industries Ltd — Important, 11-08-2026: Company Update

The company's Board approved quarterly financial results, posting revenue of 2.40 Cr and a profit of 0.03 Cr, leading to an EPS of 0.01. Significant board changes include the appointment of CFO Himanshu Gopal as Executive Director and Ms. Shruti Swaroop as an Independent Director, bringing new expertise. Concurrently, Mr. Anand Rai and Ms. Sushma Jain stepped down as Executive and Independent Directors, respectively. The company also confirmed that the 25.08 Cr received from a 34.50 Cr preferential issue was utilized for working capital, with no deviation from the stated objectives. Auditors provided an unmodified opinion on the financial outcomes.