Madhucon Projects
4.99
-0.01(-0.20%)
Market Cap₹36.82 Cr
PE Ratio-0.09
IndustryConstruction
Company Performance:
1D-0.20%
1M+13.15%
6M-33.56%
1Y-23.58%
5Y+3.96%
View Company Insightsright
More news about Madhucon Projects
24Dec 25
Madhucon Projects Limited Clarifies Independent Director Resignation Under Regulation 30
Madhucon Projects Limited clarified the resignation of Independent Director Mrs. Ch. Lakshmi Kumari (DIN: 06942473) following BSE's inquiry. The resignation was accepted at the 613th Board Meeting on November 8, 2025, with the director citing personal reasons for her immediate departure. The company confirmed regulatory compliance and stated no material reasons exist beyond those required under SEBI regulations.
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24Dec 25
Madhucon Projects Clarifies Independent Director Resignation to BSE
Madhucon Projects Limited responded to BSE's clarification request regarding Independent Director P. Madhava Rao Potla's resignation, confirming the resignation was accepted on August 9, 2025, with no material reasons beyond those disclosed under SEBI regulations, and that the director holds no other listed company positions.
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08Nov 25
Madhucon Projects Reports Q2 Profit Amid Auditor Concerns and Subsidiary Challenges
Madhucon Projects Limited posted a standalone profit of ₹469.40 lakh in Q2, up from a loss of ₹240.13 lakh year-over-year, despite revenue declining to ₹10,765.01 lakh. Auditors raised concerns about ₹53,408.43 lakh in subsidiary investments. The company wrote off ₹7,637.67 lakh in Madhucon Infra Limited and ₹738.01 lakh in Madurai Tuticorin Expressways Limited. Several step-down subsidiaries are under insolvency proceedings. The Enforcement Directorate attached ₹176.86 crore of Madhucon Group properties. Consolidated results show a loss of ₹13,067.23 lakh, with revenue at ₹12,939.79 lakh.
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09Aug 25
Madhucon Projects Reports Profit, Appoints New Directors Amid Ongoing Challenges
Madhucon Projects Limited reported a profit of ₹14.02 lakhs for Q2, reversing a loss from the previous year. The company made significant board changes, including new director appointments and a resignation. However, auditors raised concerns about investment valuations, loan defaults, and unpaid dues. The company faces legal challenges, including property attachments by the Enforcement Directorate and insolvency proceedings for some subsidiaries.
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Madhucon Projects
4.99
-0.01
(-0.20%)
1 Year Returns:-23.58%
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