The Board of Directors have appointed Secretarial Auditor Firm for term of Five consecutive years commencing from 2025-26 to 2029-30
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Edvenswa Enterprises' board, meeting on May 30, 2025, approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with an unmodified auditor's opinion from Venugopal & Chenoy. The board also appointed M/s B S S & Associates, Company Secretaries, as Secretarial Auditors for five consecutive years (FY25-26 to FY29-30), subject to shareholder approval at the AGM. Separately, M/s ERR & Associates was appointed as Internal Auditor for FY25-26. On the financial side, consolidated revenue from operations grew to Rs 11,946.60 lakhs (vs Rs 8,429.35 lakhs prior year), and consolidated profit after tax rose to Rs 1,126.24 lakhs (vs Rs 737.67 lakhs), though goodwill surged sharply to Rs 37.91 cr (from Rs 2.17 cr), suggesting new acquisitions by US-based subsidiaries (Edvenswa Tech Inc, Seltosoft Inc, OMNI Networks Inc).
Routine governance update with a clean audit opinion — no negative governance flags. Investors may find the headline numbers encouraging, but the big jump in goodwill warrants attention as it signals recent acquisitions whose returns are yet to play out.