Appointment of Manish P. Patil as independent Director

Vishvprabha Ventures held a board meeting on May 30, 2025, where it approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. On a standalone basis, total income rose to Rs. 762.17 lakh (from Rs. 547.41 lakh a year ago) and the company swung to a net profit of Rs. 48.93 lakh versus Rs. 4.14 lakh earlier, with EPS of Rs. 1.96. On a consolidated basis, total income grew to Rs. 1,072.64 lakh but the company reported a small net loss of Rs. 2.28 lakh, improving from a Rs. 27.20 lakh loss previously. The board appointed Manish Prabhakar Patil (DIN 09160437), a civil engineer and MBA (Finance) with over two decades of experience in construction, as an Additional Non-Executive Independent Director for a 5-year term, and made him Chairperson of the Audit, Nomination & Remuneration, and Stakeholder Relationship committees. The board also noted the resignation of Independent Director Rajalaxmi Vijay Sawant effective May 1, 2025. The auditors (SGCO & Co. LLP) issued a qualified opinion because the company is not accounting for gratuity on an accrual basis as required by Ind AS-19; management stated no employee has completed five years of service, so no provision is needed.