3PLANDNSE3P Land Holdings LimitedMediumNeutral
Announced Sat, 10 May · 14:23 IST

3P Land Holdings Limited has informed the Exchange regarding 'Appointment of Secretarial Auditors'.- Appointment of Secretarial Auditors Parikh and Associates (Firm rEgn No. P1988mh009800) for period of 5 (five) years, subject to approval of members

Management Changes View source PDF

3PLAND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

3P Land Holdings reported FY25 (year ended March 31, 2025) audited results with total income rising to ₹448.69 lakhs from ₹355.88 lakhs in FY24, a growth of about 26%. Profit for the year stood at ₹209.02 lakhs (vs ₹180.79 lakhs), with EPS at ₹1.16 (vs ₹1.00). The Board has not recommended any dividend for FY2024-25. The Board approved the re-appointment of Mr. Romie Shivhari Halan (DIN: 02816976) as a Non-Executive Independent Director for a second 5-year term from September 1, 2025 to August 31, 2030, subject to shareholder approval. It also appointed M/s Parikh & Associates, Practicing Company Secretaries (a Mumbai-based firm founded in 1987), as Secretarial Auditor for five consecutive years (FY2025-26 to FY2029-30), subject to shareholder approval at the upcoming AGM. Statutory auditors J.M. Agrawal & Co. issued an unmodified opinion on the financial statements.

Likely market impact

Stable operating performance with modest earnings growth, but the no-dividend decision may be a mild negative for income-focused shareholders. The routine governance actions (independent director re-appointment and secretarial auditor appointment) are largely procedural and unlikely to move the stock.