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Apex Capital and Finance, a small RBI-registered NBFC listed on BSE, has notified that its 40th AGM will be held on Friday, September 26, 2025 at 3:30 PM via video conferencing. The register of members and share transfer books will remain closed from September 20 to September 26, 2025. The annual report for FY 2024-25 has been submitted along with the AGM notice. Key financials show a sharp drop — total revenue fell from Rs. 10.29 crore in FY24 to Rs. 2.78 crore in FY25, and profit after tax declined from Rs. 4.49 crore to Rs. 52.51 lakh. The company has not recommended any dividend, choosing to conserve resources for growth.
The steep decline in revenue and profits is a negative signal for shareholders, though the Rs. 95 crore fundraise via convertible warrants (76 lakh warrants at Rs. 125 each) could support future expansion. Investors should review the full annual report before the AGM on September 26, 2025, and note that no dividend will be paid for FY25.