Latest news about Madhuveer Com 18 Network
Madhuveer Com 18 Network Reports Strong Revenue Growth, Allots Equity Warrants Aug 11, 2025
Madhuveer Com 18 Network Limited has reported substantial revenue growth in its quarterly results. On a standalone basis, revenue from operations reached ₹135.76 crore, up from nil in the previous year. Consolidated revenue from operations surged by 4439% to ₹178.89 crore. Despite a consolidated net loss of ₹50.69 crore, it marks a 75.5% improvement from the previous year. The company also approved the allotment of 10,00,000 equity warrants on a preferential basis at ₹40 per warrant to Mr. Sagar Shah, part of the promoter group. This allotment is part of a larger conversion of 1,00,00,000 convertible equity warrants, resulting in a decrease in promoter shareholding from 28.80% to 23.19%.