Reg. 34 (1) Annual Report
Price
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Awaiting price reaction for this filing.
Challani Capital Ltd (formerly Indo Asia Finance Ltd), a BSE-listed Category B NBFC, submitted its 35th Annual Report for FY 2024-25 along with the AGM notice. Total income more than doubled to ₹274.35 Lakhs from ₹119.33 Lakhs, driven by revenue from operations of ₹250.60 Lakhs (vs ₹119.33 Lakhs). Net profit surged to ₹185.78 Lakhs from ₹50.66 Lakhs, an increase of over 260%, though accumulated losses of ₹1,141.46 Lakhs continue to be carried forward. No dividend was recommended. The statutory auditors (RSM & Associates) issued an unqualified report, and a new secretarial auditor (Mr. R. Alagar) was proposed for a 5-year term. The AGM is scheduled for September 29, 2025 via video conferencing.
Strong operational turnaround with revenue and profit more than doubling, though the company still carries significant historical losses. Shareholders will vote on director reappointment and appointment of a new secretarial auditor at the AGM; no direct price-moving action is expected from this routine annual filing.