Mahaveer Infoway News

Mahaveer Infoway Reports Quarterly Results and Board Decisions

Mahaveer Infoway Limited's Board approved unaudited financial results for the quarter ended September 30, 2025, showing revenue of Rs 67.25 lakhs and profit of Rs 2.73 lakhs. The company also approved the sale of partnership interest in Mahaveer Skyscrapers LLP and noted Income Tax Department appeals against favorable orders for assessment years 2014-15 and 2015-16.

Mahaveer Infoway Promoters Execute Off-Market Share Transfer of 2.14 Lakh Equity Shares

Mahaveer Infoway Limited disclosed an off-market share transaction between two promoters. Mrs. Badam Bai Kothari sold 2,14,700 equity shares (3.89% stake) valued at Rs. 21.47 lakh to Mr. Ashok Kumar Jain. Following the transaction, Mrs. Kothari's shareholding reduced to zero, while Mr. Jain's holding increased from 15,43,328 shares (28.01%) to 17,58,028 shares (31.91%). The transaction was executed on September 4, 2025, through off-market transfer. The company's total equity share capital remains unchanged at 55,09,000 shares. Both parties filed the required disclosures under SEBI regulations for substantial acquisition of shares and insider trading provisions.

Nirmal Kothari Sells 65,010 Shares in Mahaveer Infoway Through Off-Market Transaction

Nirmal Kothari, a promoter of Mahaveer Infoway Limited, sold 65,010 equity shares through off-market transactions on March 3, 2025. The sale reduced his shareholding from 1,65,010 shares (3.00%) to 1,00,000 shares (1.82%) in the company. The transaction represents 1.18% of the company's total voting capital. Mahaveer Infoway Limited is listed on BSE with scrip code 539383 and has a total equity share capital of 55,09,000 shares. The disclosure was made in compliance with SEBI regulations on substantial acquisition of shares and insider trading.