Appointment of Secretarial Auditors for the F.Y 2025-26 till FY 2029-2030
BELLACASA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved audited financial results for Q4 and FY25 (ended March 31, 2025) with an unmodified auditor opinion. Revenue from operations jumped to Rs. 34,854.76 lakhs (up ~51% from Rs. 23,009.88 lakhs in FY24), while net profit rose ~55% to Rs. 1,579.53 lakhs and EPS climbed to Rs. 12.43 from Rs. 8.23. A final dividend of Rs. 2.00 per share (20% on face value of Rs. 10) was recommended, subject to shareholder approval. The board appointed CSM & Co., Company Secretaries, as Secretarial Auditors for a five-year term (FY26 to FY30). Remuneration was increased for four Whole-Time/MD directors (Harish Kumar Gupta, Pawan Kumar Gupta, Saurav Gupta, and Gaurav Gupta), subject to shareholder nod. The board also approved listing the company's equity shares on NSE.
Strong FY25 results with over 50% growth in revenue and profits, alongside a 20% dividend, are positive for shareholders. The NSE listing move could improve liquidity and visibility. The remuneration hikes and secretarial auditor appointment are routine governance items requiring shareholder approval at the upcoming AGM.