BSEBijoy Hans LtdLowNeutral
Announced Mon, 26 May · 17:05 IST

As attached

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bijoy Hans Ltd's board approved audited financial results for Q4 and FY25 with an unmodified auditor opinion from M/s Rajesh Surana & Co. The company reported a net profit of Rs 13.62 lakh for FY25 against a Rs 11.72 lakh loss in FY24, but this swing was entirely driven by Rs 55.86 lakh of exceptional items; core operations remained in the red with a Rs 36.77 lakh loss before exceptionals. Revenue from operations was nearly flat at Rs 27.89 lakh (vs Rs 27.98 lakh), and Q4 alone posted a Rs 20.52 lakh net loss. No dividend was declared for FY25. The board also appointed a new Executive Director (Kaushal Uttam Shah), new Internal and Secretarial Auditors, accepted the resignation of the Company Secretary, appointed a replacement, and approved shifting the corporate office from Guwahati (Assam) to Sangli (Maharashtra) as new management is now based in Pune. A preferential allotment of 45 lakh equity shares was postponed to 27 May 2025.

Likely market impact

For shareholders, the headline profit is misleading since it depends on one-time exceptional gains while the operating business remains loss-making on very thin revenue. Watch for the postponed preferential allotment, which may dilute existing equity, and the management shift to Pune, which could signal a change in strategic direction.