Board Meeting Outcome for Outcome of Board Meeting Held On 06Th September 2025.
Awaiting price reaction for this filing.
The board of Amit International Limited met on September 6, 2025 and approved the Director's Report for FY2024-25 along with the notice convening the 31st Annual General Meeting on September 30, 2025 at Rajhans Hotel, Mumbai. The company reported FY25 income from operations of Rs. 42.42 lakhs (up ~7.75% from Rs. 39.37 lakhs in FY24) while expenses fell ~15% to Rs. 26.12 lakhs, pushing profit before tax up to Rs. 16.30 lakhs (from Rs. 8.63 lakhs) and profit after tax up ~88% to Rs. 12.57 lakhs (EPS Rs. 0.066 vs Rs. 0.035). At the AGM, shareholders will consider adopting the FY25 audited accounts, re-appointing Managing Director Kirti Jethalal Doshi (retiring by rotation), and ratifying the appointment of Mayur More & Associates as Secretarial Auditor for five years (FY2025-26 to FY2029-30). The board has not recommended any dividend for FY25 and noted multiple past SEBI LODR compliance delays (financial results, shareholding pattern, and corporate governance filings for Q1/Q2 FY25) as flagged in the secretarial audit.
The sharp jump in profitability is a positive for existing shareholders, but the absence of a dividend and a string of prior compliance/delayed filing issues may weigh on sentiment. Continuity in the Managing Director's role and a new long-term secretarial auditor point to operational stability heading into FY26.