Dhani Services Limited has informed the Exchange regarding re-appointment of Mr Prem Prakash Mirdha as Non- Executive Independent Director of the company w.e.f. August 11, 2025.
Awaiting price reaction for this filing.
Dhani Services' board, at its July 25, 2025 meeting, approved the unaudited Q1 FY26 (quarter ended June 30, 2025) standalone and consolidated financial results. On a consolidated basis, the company reported a net profit of ₹656.33 lakhs versus a loss of ₹8,334.86 lakhs in Q1 FY25, with total revenue from operations at ₹8,593.12 lakhs (down from ₹10,736.93 lakhs). Standalone results, however, showed a wider loss of ₹1,080.29 lakhs. The board also recommended re-appointment of Mr. Prem Prakash Mirdha as Non-Executive Independent Director for a second term of two years (August 11, 2025 to August 10, 2027), and appointed M/s. Sukesh & Co. as Secretarial Auditor for FY 2025-26 to FY 2027-28. The composite scheme of amalgamation with Yaari Digital Integrated Services Limited remains pending, with the next NCLT hearing scheduled for August 7, 2025.
The swing to consolidated profitability is positive but largely driven by lower impairment charges and cost reductions rather than revenue growth, which continues to decline. The amalgamation scheme with Yaari Digital remains a key overhang; its final outcome could materially reshape the business structure for shareholders.