Latest news about Mahaveer Infoway
Mahaveer Infoway
10.20
0.00(0.00%)
Company Performance:
View Company Insights1D0.00%
1M-25.66%
6M+26.24%
1Y+37.84%
5Y+195.65%
More news about Mahaveer Infoway
10Feb 26
Mahaveer Infoway Limited Reports Q3FY26 Financial Results with Steady Performance
Mahaveer Infoway Limited reported Q3FY26 revenue of ₹68.26 lakhs with net profit of ₹4.74 lakhs. Year-to-date performance showed revenue of ₹210.93 lakhs and profit of ₹17.52 lakhs. The IT & Consultancy segment remained the primary revenue driver while the company maintained steady operational performance across quarters.
22Sept 25
Mahaveer Infoway Promoters Execute Off-Market Share Transfer of 2.14 Lakh Equity Shares
Mahaveer Infoway Limited reported an off-market share transaction between promoters. Mrs. Badam Bai Kothari sold 2,14,700 equity shares (3.89% stake) to Mr. Ashok Kumar Jain for Rs. 21.47 lakh on September 4, 2025. This transfer increased Mr. Jain's holding from 28.01% to 31.91%, while Mrs. Kothari's stake reduced to zero. Both parties filed required SEBI disclosures. The company's total equity share capital remains at 55,09,000 shares.
29Jul 25
Mahaveer Infoway Reports Quarterly Results with Leadership Changes and Strategic Business Decisions
Mahaveer Infoway Limited reported quarterly revenue of Rs 75.41 lakhs and profit of Rs 10.05 lakhs. The company announced significant board changes, including the appointment of Sachin Jain as Executive Director and Ashitosh Kothari as CFO, while Vijay Jain resigned as Director. Strategic decisions include focusing on import and distribution of electronic items, selling interest in Mahaveer Skyscrapers LLP, increasing borrowing limit to Rs 100 crores, and enhancing the Managing Director's remuneration. The Annual General Meeting is scheduled for August 29.
24Jul 25
Mahaveer Infoway Announces Board Meeting to Review Q1 Results and Discuss Leadership Changes
Mahaveer Infoway Limited has scheduled a Board of Directors meeting for July 29, 2025, to review Q1 financial results and discuss significant leadership changes. The agenda includes appointing Mr. Sachin Jain as Additional Director, addressing Mr. Vijay Kumar Jain's resignation, and naming Mr. Ashitosh Kothari as the new CFO. The board will also consider selling its interest in Mahaveer Skyscrapers LLP and note a change in the company's Scrip ID on the Bombay Stock Exchange.
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