Appointment of company secretary and compliance officer
BNALTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
B & A Limited's board, at its May 24, 2025 meeting, approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with auditors SBA Associates giving an unmodified opinion. On a standalone basis, FY25 revenue fell to Rs 13,431 lac from Rs 16,202 lac, and profit after tax dropped to Rs 197 lac from Rs 305 lac; Q4 standalone showed a loss of Rs 1,208 lac. Consolidated FY25 revenue was Rs 26,435 lac (vs Rs 29,011 lac) with PAT of Rs 1,102 lac (vs Rs 1,397 lac), while Q4 consolidated posted a loss of Rs 1,080 lac. The board appointed Mr. Gauri Prosad Sarma (ex-CGM/COO of Punjab National Bank) as an Independent Director for 5 years, and Ms. Binita Pandey as Company Secretary & Compliance Officer (KMP). Additionally, M/s Salarpuria & Partners was appointed as new Statutory Auditor for 5 years (replacing SBA Associates on term completion), and M/s T. Chatterjee & Associates as Secretarial Auditor for 5 years.
The weak Q4 results and decline in both standalone and consolidated full-year profitability are negative signals for near-term sentiment, though the new auditor and independent director additions strengthen governance. Shareholders should watch for the tea segment's continued losses, which dragged overall performance despite the packaging subsidiary remaining profitable.