Annual Report together with the Notice of 18th Annual General Meeting of the Company for the financial year 2024-25 in Compliance under Regulation 30 & 34 of SEBI (LODR) Regulations, 2015 ....
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Focus Business Solution Limited (listed on BSE SME platform) has submitted its 18th Annual Report along with the AGM notice for FY 2024-25, with the AGM scheduled for Monday, 14th July 2025 at 4:00 PM at its registered office in Surat. Key financial highlights show consistent growth: total income rose to Rs. 2,395.90 lakhs (from Rs. 2,136.30 lakhs in FY23-24), profit before tax climbed to Rs. 99.02 lakhs (from Rs. 76.93 lakhs), and profit after tax grew to Rs. 74.08 lakhs (from Rs. 57.57 lakhs). Major resolutions include a bonus issue of 29 equity shares for every 50 existing shares, capitalizing up to Rs. 2.67 crore from free reserves/securities premium. The board is also seeking shareholder approval to revise remuneration of the CMD and Whole Time Director from Rs. 48 lakh to Rs. 60 lakh per annum, and to raise borrowing and investment limits to Rs. 100 crore each under Sections 180 and 186 of the Companies Act.
If the bonus issue (29:50 ratio) is approved, existing shareholders will receive additional shares, increasing the float but diluting EPS proportionally. The higher borrowing and investment limits suggest plans for business expansion, while the 25% hike in director remuneration reflects the company's improving profitability.