Outcome of Board Meeting for Audited Financial Result for the Quarter and year ended 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 Directors of Econo Trade (India) Ltd, at its meeting held on May 30, 2025, approved the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2025. The statutory auditor, M/s H S K & Co LLP, issued an un-modified (clean) opinion on the results. The Board also appointed Mrs. Neha Poddar as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30) and Mr. Sourabh Jalan of M/s G. Goenka & Co as Internal Auditor for FY 2025-26. Additionally, the Board approved the voluntary delisting of the company's shares from the Calcutta Stock Exchange, while it will continue to be listed on BSE (Scrip Code: 538708).
The clean (un-modified) audit opinion is a positive signal for shareholders, indicating no material concerns raised by auditors on the financial statements. The voluntary delisting from the Calcutta Stock Exchange is a routine housekeeping step, as the stock remains listed on BSE with no effect on trading for retail investors.