Mehta Integrated Finance Limited has received board authorization to proceed with the withdrawal of funds from the Hon'ble City Civil Court, Ahmedabad, following an earlier favorable interim execution order that allows the company to withdraw a ₹1.00 crore security deposit.

Board Meeting Authorization

The company's board of directors convened on January 2, 2026, to formalize the withdrawal process. The meeting, which commenced at 5:45 PM and concluded at 6:10 PM, resulted in crucial authorization for fund withdrawal proceedings.

The board specifically authorized Mr. Vishwesh D. Mehta, Managing Director and CFO, to represent the company for withdrawal of money from the Hon'ble City Civil Court, Ahmedabad. This authorization follows the company's earlier disclosure under Regulation 30 of SEBI regulations regarding the favorable court order.

Court Order Background

The interim execution order from the Commercial Court at City Civil Court, Ahmedabad, permits Mehta Integrated Finance Limited to withdraw substantial funds held as security deposit. The order involves Radhe Estate Developers (Partnership firm) as the opposite party, with the total amount being ₹1.00 crore plus interest.

Financial and Legal Implications

The withdrawal is contingent upon submission of personal bonds by directors and other required documents. While the company can now proceed with the withdrawal process through its authorized representative, the final financial implications will only be reflected in accounts after the High Court delivers its verdict on the challenge filed by Radhe Estate Developers.

The company has maintained that it will benefit from enhanced cash liquidity of ₹1.00 crore along with applicable interest, pending the final resolution of the legal proceedings. The board authorization represents a significant step forward in the company's ability to access these funds while maintaining compliance with regulatory requirements.

Mehta Integrated Finance Limited has reported a significant boost in its financial performance for the first quarter ended June 30, 2025, with substantial growth in both revenue and profitability.

Financial Highlights

• Total Income: ₹15.01 lakhs (Q1 2025) vs ₹4.05 lakhs (Q1 2024), up 270%
• Net Profit: ₹7.02 lakhs (Q1 2025) vs ₹1.51 lakhs (Q1 2024), up 365%
• Profit Before Tax: Increased by 365% year-over-year
• Total Expenses: Decreased to ₹15.21 lakhs from ₹18.85 lakhs in the previous year

Key Financial Data

Business Performance

Mehta Integrated Finance Limited has demonstrated robust growth in the first quarter of the fiscal year 2025. The company's total income saw a substantial increase of 270%, rising from ₹4.05 lakhs in Q1 2024 to ₹15.01 lakhs in Q1 2025. This growth was accompanied by a significant improvement in profitability, with net profit surging by 365% to reach ₹7.02 lakhs, compared to ₹1.51 lakhs in the same quarter of the previous year.

Cost Management

The company has shown effective cost management, with total expenses decreasing to ₹15.21 lakhs in Q1 2025 from ₹18.85 lakhs in Q1 2024, representing a reduction of 19.31%. This cost efficiency has contributed to the improved profitability of the company.

Earnings Per Share

The earnings per equity share (EPS) for Q1 2025 stood at ₹0.14, both basic and diluted, showing an improvement from ₹0.03 in the corresponding quarter of the previous year.

Corporate Governance

The Board of Directors, in their meeting held on August 13, 2025, reviewed and approved these unaudited financial results. The meeting commenced at 11:00 A.M. and concluded at 11:40 A.M. The results were also subject to a limited review by the statutory auditors.

Regulatory Compliance

Mehta Integrated Finance Limited continues to operate in a single business segment and maintains compliance with the applicable accounting standards and SEBI regulations. The company's paid-up equity share capital remains unchanged at ₹500 lakhs.

The quarterly financial results are available on the BSE website ( www.bseindia.com ) and the company's official website ( www.mehtaintegratedfinance.com ) for public reference.

Investors and stakeholders can view these results as indicative of the company's performance for the quarter ended June 30, 2025, subject to any further announcements or clarifications from the company.