Pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company at their Meeting ....
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Vuenow Infratech's board approved unaudited Q1 FY26 results (quarter ended June 30, 2025). Revenue from operations plunged sharply to Rs. 166.40 lakh from Rs. 1,324.05 lakh in Q1 FY25, an ~87% year-on-year decline. Profit after tax fell to Rs. 101.62 lakh from Rs. 389.37 lakh, with EPS at Rs. 0.44 vs Rs. 1.68 earlier. The board also approved altering the MOA object clause to add new business lines including investment/holding company activities, real estate, and trading in bullion and precious metals. Three auditors were appointed: Ankit Singhal & Associates as Secretarial Auditor (FY26), NYS & Company as Statutory Auditor for 5 years, and VAPS & Co. as Internal Auditor. The board also sought shareholder approval to raise borrowing limits and powers to give loans/investments up to Rs. 500 Crores each. The 31st AGM is scheduled for September 29, 2025. The auditor's limited review noted that sundry balances are subject to confirmation.
Sharp drop in quarterly revenue signals a major slowdown in core operations, though the company is simultaneously seeking shareholder nod to dramatically expand borrowing and investment limits (up to Rs. 500 Cr), suggesting a strategic pivot or future expansion plan. Shareholders should watch the AGM voting on borrowing powers and the new business diversification plan closely.