Medi Caps Limited Reports Q1 Loss, Schedules AGM and Announces Board Changes
Medi Caps Limited faced substantial challenges in Q1 ending June 30. Standalone operations reported no revenue and a net loss of Rs 39.75 lakhs. Consolidated results showed a 56.61% decrease in revenue to Rs 268.76 lakhs and a widened net loss of Rs 349.19 lakhs. The Pharma Division generated Rs 268.76 lakhs in revenue but reported a segment loss of Rs 308.14 lakhs. The Real Estate Division had no revenue and a loss of Rs 39.75 lakhs. The Board scheduled the 42nd AGM for September 18, appointed Joshi Sahay and Company as Secretarial Auditor, and proposed re-appointment of Mr. Dharmendra Solanki as Independent Director.
05Aug 25
Medi-Caps Limited Re-appoints Dharmendra Solanki as Independent Director for Second Term
Medi Caps Limited has announced the re-appointment of Dharmendra Solanki as Non-Executive Independent Director for a second five-year term, from February 5, 2026, to February 4, 2031, subject to shareholder approval. Solanki, with 27 years of experience in Accounts, Finance, and Taxation, holds Commerce degrees from Vikram University. The company also approved financial results, scheduled the 42nd AGM for September 18, 2025, and appointed Joshi Sahay and Company as Secretarial Auditor for a five-year term.