The Board considered and approved Board''s Report and its annexures for the financial year 2024-25
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Max Heights Infrastructure reported Q1 FY26 (ended June 30, 2025) standalone revenue of ₹265.77 lakhs, up sharply from ₹17.63 lakhs in Q1 FY25, driven mainly by real estate and finance segments. However, the company posted a net loss of ₹15.85 lakhs in Q1 FY26 versus a profit of ₹2.03 lakhs in the same quarter last year, while full-year FY25 also closed with a loss of ₹39.98 lakhs. The statutory auditor (Chitranjan Agarwal & Associates) issued an unqualified limited review report. The board approved the Board's Report and MDAR for FY25, adopted new MoA/AoA, re-appointed Independent Director Mr. Gourav for 5 years, raised MD Naveen Narang's remuneration, and appointed M/s Shailendra Roy & Associates as secretarial auditor. The 44th AGM is fixed for September 19, 2025 via video conferencing, with no dividend declared.
Sharp revenue growth is a positive signal, but the company remains loss-making at both quarterly and annual levels, which may weigh on investor sentiment. Administrative changes like director re-appointment and MD remuneration hike are routine, though the remuneration increase warrants shareholder approval at the upcoming AGM.