Mahesh Developers Board Approves Financial Results, Director Appointments, and Fund Raise

Mahesh Developers Ltd. held a board meeting on October 30, 2026, where they approved the Unaudited Financial Results for the Quarter & Half-Year ended September 30, 2026, along with the Limited Review Report. The board also approved the appointment of Mr. Sunny Chowdhry as an Additional Executive Director and Mr. Ashutosh Beri as an Additional Non-Executive Director, subject to shareholder approval. Furthermore, the company revised its proposal to increase authorized share capital from ₹5 Crore to ₹25 Crore and approved a plan to raise funds up to ₹30 Crore through various permissible methods. Changes to the Memorandum and Articles of Association were also approved, along with convening an Extra-Ordinary General Meeting.