Proceedings of the 13th AGM of the Company
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VCU Data Management held its 13th AGM on 27th September 2025 via video conferencing. Chairperson Mrs. Harsha Singh reported FY25 total income of ₹138.55 lakh and a net loss of ₹20.72 lakh, citing limited market opportunities, but highlighted plans to diversify into data analytics, AI-driven solutions, and cloud platforms. The company emphasized its strong balance sheet with ₹2,997.28 lakh in equity and low borrowings. Ordinary business included adoption of FY25 audited financials and re-appointment of Mrs. Harsha Singh. Special business covered regularization of an Independent Director, appointment of Mr. Sanjay Joshi as Managing Director, new Secretarial Auditor, enhanced borrowing limits, MOA object clause alteration, and increased investment/loan limits.
Shareholders approved expanded borrowing and investment powers plus MOA changes to support the company's planned diversification into AI and data analytics. While the company remains loss-making at the operating level, its strong equity base and low debt give it room to fund this strategic pivot, though near-term profitability is still uncertain.