BSEGlance Finance LtdMediumNeutral
Announced Thu, 15 May · 17:02 IST

Outcome of Board Meeting

Management Changes View source PDF

Price

Loading chart…

▲ 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

Glance Finance Ltd's board approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditor M/s. JMT & Associates issuing an unmodified opinion. Total income for FY25 rose to ₹2,584.59 lakhs from ₹2,315 lakhs in FY24, while net profit after tax grew about 19% to ₹231.53 lakhs from ₹194.08 lakhs. Basic EPS improved to ₹10.26 from ₹8.60, and total assets increased to ₹5,321.22 lakhs. The board also approved the re-appointment of Mr. Narendra Laxman Arora as Whole-time Director for another 3-year term starting July 1, 2025, subject to shareholder approval. Additionally, M/s. M.R. Sharma & Co. was re-appointed as Internal Auditor for FY 2025-26, and Mr. Shiv Hari Jalan was appointed as Secretarial Auditor for a 5-year period.

Likely market impact

This is a routine outcome filing showing steady business growth with higher profits and EPS, no negative events. Shareholders should watch for the upcoming shareholder approvals for director re-appointment and the Annual General Meeting.