Maxgrow India Post-CIRP Revival and FY25 Results

Maxgrow India completed its Corporate Insolvency Resolution Process (CIRP) with NCLT approving PP Metallix's plan in December 2023.
The company reported consolidated revenue of ₹27,577 crore and profit of ₹297 crore for FY25, a significant turnaround from previous years.
A reconstituted board was appointed, and the AGM on June 1, 2026, will seek approval for financial statements from FY21 to FY25 and director appointments.
The company issued 3.99 crore new shares to Metal Industrial Pte Ltd and became its subsidiary, holding 97.82% equity post-resolution.