APPOINTMENT OF SCRUTINIZER FOR 38TH ANNUAL GENERAL MEETING OF THE COMPANY
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Vani Commercials Ltd (BSE: 538918) held its board meeting on 12th August 2025 and approved multiple items. The company reported unaudited Q1 FY26 (quarter ended 30 June 2025) total income of ₹208.63 lakhs and net profit of ₹19.77 lakhs (EPS ₹0.17), turning around from a loss of ₹0.20 lakhs in Q1 FY25. The Board approved converting outstanding loans into equity shares, subject to lender agreement and shareholder approval at the 38th AGM. Mr. Amit Kumar Chauhan (DIN: 09527510) was appointed as Additional Independent Director. The 38th AGM is scheduled for 3rd September 2025 via video conferencing, with e-voting from 31 August to 2 September 2025. No dividend was declared for FY25.
The loan-to-equity conversion could lead to equity dilution for existing shareholders if approved, while the strong Q1 profit turnaround signals improved operational performance. The new independent director strengthens board oversight ahead of the AGM.