VMS Industries Ltd is in the business of ship breaking and trading of Ferrous and Non-Ferrous metalsBusiness Overview: VIL is a flagship company of VMS group. It used to provide consulting and information technology services for land revenue records, ration cards and ration shops for Bhavnagar Municipal Corporation and provide...
ABC Ltd. has announced a board meeting to consider and approve the financial results for the quarter and half-year. A significant item on the agenda is the consideration of a proposal for issuing Bonus Shares to equity shareholders. This strategic move is aimed at enhancing the stock's liquidity and broadening...
VMS Industries Limited has appointed M/s N R KALAL AND ASSOCIATES, Chartered Accountants, as its new Internal Auditor for the financial year 2025-26. This appointment, approved by the board, follows the resignation of the previous auditor, SNDK AND ASSOCATES LLP, who cited pre-occupation with other assignments. M/s N R KALAL...
VMS Industries Ltd. has revised its financial reporting structure from multiple segments to a single segment, effective June 30, 2025. This change is due to the company's internal management now reviewing the entire business as a unified entity, and its operations becoming integrated with shared risks and returns. Going forward,...
The company's Board of Directors has approved the reconstitution of its key committees to enhance governance and oversight. This includes changes to the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility (CSR) Committee. These adjustments to board-level committees, involving both independent and executive directors, aim...
The company has appointed Ms. Dhwani Nagar as an Additional Non-Executive Independent Director for five years, subject to shareholder approval. This appointment was based on the Nomination and Remuneration Committee's proposal. Concurrently, Mr. Murari Agarwal has resigned as a Non-Executive Independent Director due to other professional commitments. These board changes...
