Appointment of Secretarial Auditor and Internal Auditor
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Amrapali Capital and Finance Services Limited held a board meeting on May 28, 2025, where it approved its audited financial results for the half-year and full year ended March 31, 2025. The statutory auditor issued an unmodified (clean) opinion on the results. The board also appointed M/s. S P Thakker & Associates as Internal Auditors and CS Bhumika Vipulbhai Ranpura as Secretarial Auditors for FY 2025-26. Financial results show total income of Rs. 3,505.36 lakhs for the half year ended March 2025 and net profit of Rs. 102.62 lakhs, reflecting a sharp improvement compared to the previous corresponding period. The company's net worth stood at Rs. 8,385.93 lakhs with positive cash and cash equivalents of Rs. 756.92 lakhs at year end.
Routine corporate housekeeping — appointing new auditors and declaring a clean audit opinion with improving profitability is a neutral-to-positive sign for shareholders, indicating good governance and stable operations with no red flags.