C.E. Info Systems Limited has informed the Exchange regarding Change in Director(s) of the company.
MAPMYINDIA · price
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Awaiting price reaction for this filing.
C.E. Info Systems (MapMyIndia) reported consolidated revenue of Rs. 46,325 lakhs in FY25, up 22% from Rs. 37,942 lakhs in FY24, with profit after tax at Rs. 14,759 lakhs (vs Rs. 13,438 lakhs). Q4 FY25 revenue was Rs. 14,355 lakhs with PAT of Rs. 4,902 lakhs. The board approved a final dividend of Rs. 3.50 per share (175%) for FY25, subject to shareholder approval. Auditors M/s Brijesh Mathur & Associates issued an unmodified opinion on the financial statements. The board also approved the re-appointment of Mr. Rakesh Kumar Verma as Managing Director for 5 years and designated him as Group Chairman, while Mr. Shambhu Singh was named Group Vice-Chairman. Independent Director Mr. Kartheepan Madasamy resigned due to pre-occupation, and Dr. Ranjan Kumar Mohapatra was appointed as a new Non-Executive Independent Director for 3 years.
Strong financial performance with healthy revenue and profit growth, combined with a generous 175% dividend, signals robust shareholder returns. The leadership continuity with re-appointment of the MD provides stability, while the one independent director exit and new appointment are routine board refreshments unlikely to impact the stock materially.