AFR March 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and in line with its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Econo Trade (India) Ltd approved the audited standalone financial results for the quarter and financial year ended March 31, 2025. The statutory auditor, M/s. HSK & Co LLP, issued an un-modified (clean) opinion on the financial results, with no qualifications or adverse remarks mentioned. The Board also appointed Mrs. Neha Poddar as Secretarial Auditor for a 5-year term (FY26–FY30) and Mr. Sourabh Jalan (partner of G. Goenka & Co) as Internal Auditor for FY26. Additionally, the Board approved a proposal to voluntarily delist the company's shares from the Calcutta Stock Exchange, while it remains listed on BSE. No specific financial figures such as revenue, profit or margins were shared in the filing.
A clean audit opinion is a neutral-to-positive signal, suggesting no major red flags in the books. The voluntary delisting from the Calcutta Stock Exchange is procedural and unlikely to affect retail shareholders, as BSE remains the primary exchange. The reshuffle of secretarial and internal auditors is routine governance housekeeping.