Grant of 306223 Stock Options to eligible employees of the Company
FINKURVE · price
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The Board of Finkurve Financial Services Ltd, at its May 29, 2025 meeting, approved several items including audited FY25 financial results, grant of 3,06,223 stock options to eligible employees under the Finkurve ESOP 2018, and appointment of new internal auditor and Company Secretary. For FY25, total revenue grew sharply to Rs. 14,047.93 lakhs from Rs. 9,004.22 lakhs in FY24, while profit after tax rose to Rs. 1,740.73 lakhs from Rs. 1,607.13 lakhs, with EPS at Rs. 1.37 vs Rs. 1.27. The company raised Rs. 27.70 crore via NCDs in Jan-Feb 2025, fully utilized for lending business with no deviation reported. Capital adequacy remains strong with CRAR at 44.94% and net worth at Rs. 20,639.15 lakhs. Mr. Sunny Parekh resigned as Company Secretary effective May 31, 2025, with Mrs. Kajal Parmar taking over from June 1, 2025.
Strong FY25 earnings growth of about 56% in revenue and 8% in profit reflects business expansion, though the ESOP grant will lead to mild future dilution. Management transitions and healthy CRAR ratio signal operational stability for shareholders.