As attached
Awaiting price reaction for this filing.
Bijoy Hans Limited's board met on 26 May 2025 and approved audited results for Q4 and full year ended 31 March 2025 with an unmodified audit opinion. The company reported a net profit of Rs. 13.62 lakhs for FY25 versus a loss of Rs. 11.72 lakhs in FY24, but the swing was driven entirely by exceptional items of Rs. 55.86 lakhs — core operations remained loss-making with Q4 FY25 posting a Rs. 20.52 lakh loss. Total income fell to Rs. 46.87 lakhs (FY24: Rs. 58.33 lakhs), and no dividend was declared for FY25. The board approved several governance changes: appointment of Kaushal Uttam Shah as Additional Executive Non-Independent Director, new Internal Auditor (Aslesh Parannawar) and Secretarial Auditor (SKGK & Associates LLP for 5 years), resignation of CS Manisha Agarwala effective 31 May and replacement by Guinea Agrawal from 1 June, and relocation of the corporate office to Sangali, Maharashtra as new management is based in Pune. A preferential allotment of 45 lakh equity shares was postponed to 27 May 2025.
Mixed picture for shareholders — headline return to profit is almost entirely due to one-off exceptional gains while underlying business continues to lose money and revenues are declining. The flood of governance changes, office relocation and a postponed preferential allotment suggest the company is undergoing restructuring, which may add uncertainty for this micro-cap stock.