FGP Ltd's board has approved its financial results for the quarter, reporting a profit of 0.27 Cr and revenue from operations of 0.07 Cr.

Basic EPS stood at ₹0.23. The board noted the resignation of Mr. Avi Mundecha as Company Secretary and Compliance Officer, approving Ms. Shalu Sarraf's appointment effective September 15; her remuneration requires shareholder approval.

Significantly, the company plans to alter its Memorandum of Association to enter a new line of business: commodity trading.

This strategic move, which aims to generate additional revenue, is subject to shareholder approval via postal ballot.