BSEFine Line Circuits LtdMediumNeutral
Announced Sat, 24 May · 16:17 IST

Appointment of M/s Parikh & Associates , Company Secretaries in practice as Secreterial Auditors of the company for Five Consecutive Years .

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Fine Line Circuits Ltd's board, at its meeting on May 24, 2025, approved audited financial results for Q4 and FY ended March 31, 2025. The auditors (DKP & Associates, Chartered Accountants) issued an unmodified opinion on the results. For FY25, revenue from operations grew to Rs 3,036.96 lakhs from Rs 2,427.93 lakhs in FY24, a rise of about 25%. Profit after tax nearly doubled to Rs 19.74 lakhs from Rs 10.71 lakhs, and EPS improved to Rs 0.41 from Rs 0.22. The board also appointed M/s Parikh & Associates, a Mumbai-based peer-reviewed firm of practicing company secretaries founded in 1987, as the company's Secretarial Auditors for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval at the next AGM.

Likely market impact

Shareholders can view the FY25 results positively, with strong revenue and profit growth and a clean audit opinion. The appointment of a long-tenure secretarial auditor is a routine compliance step and is unlikely to affect the stock price materially.