Maxgrow India Ltd reports Q2 FY27 standalone revenue of ₹170.16 lakh and approves loan conversion of up to ₹87.51 crore, subject to shareholder approval.
- Standalone net profit was ₹0.33 lakh, up 50% sequentially from ₹0.22 lakh; the year-earlier quarter reported a ₹25.44 lakh loss.
- Conversion covers up to 48,74,944 equity shares at ₹179.50 per share; the Board also approved an increase in authorised share capital.
- The limited-review reports noted that the OCD investment had not been independently valued; auditors’ conclusions were unmodified.