ALMONDZBSEAlmondz Global Securities LtdLowNeutral
Announced Fri, 5 Sept · 14:59 IST

Annual General Meeting

Board & Shareholder Meetings View source PDF

ALMONDZ · price

Loading chart…

▲ 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

Almondz Global Securities has called its 31st AGM on September 30, 2025, at 10:00 AM via video conferencing, with e-voting open from September 27–29, 2025. The Board has not recommended any dividend for FY 2024-25. Standalone performance weakened sharply, with total income falling to Rs. 3,511.44 lakhs (from Rs. 3,726.63 lakhs) and profit after tax dropping to Rs. 189.51 lakhs (from Rs. 2,112.49 lakhs, boosted last year by a Rs. 1,575 lakh exceptional item). On a consolidated basis, total income rose to Rs. 15,136.55 lakhs (from Rs. 11,989.78 lakhs), but PAT declined to Rs. 1,732.47 lakhs from Rs. 3,406.85 lakhs. During the year, the company executed a 1:6 stock split, issued 1.14 crore shares under ESOP, shifted its registered office to Mumbai, and incorporated two new wholly owned subsidiaries (Almondz-Wealth and Almondz Broking Services). MD Manoj Kumar Arora will seek re-appointment at the AGM, and Independent Director Ajay Kumar's term ends September 28, 2025. A previously announced composite scheme of demerger/amalgamation was withdrawn, with the company intending to re-file within 90 days.

Likely market impact

Shareholders should note the significant decline in standalone profits and the absence of a dividend despite stable consolidated revenue growth. The withdrawn restructuring scheme and senior leadership transitions may add near-term uncertainty, while the stock split and new subsidiaries could support longer-term growth.