APPOINTMENT OF M/S UMESH VED AND ASSOCIATES COMPANY SECRETARY AS SECRETARIAL AUDITORS FOR THE PERIOD OF 5 YEARS SUBJECT TO APPROVAL OF MEMBERS IN ENSUING ANNUAL GENERAL MEETING APPOINTMENT ....
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Awaiting price reaction for this filing.
The board, at its meeting on May 27, 2025, approved the standalone audited financial results for Q4 and FY ended March 31, 2025. FY25 revenue from operations nearly doubled to Rs. 155.55 lakhs (vs Rs. 78.14 lakhs in FY24), and the company swung to a small profit after tax of Rs. 2.75 lakhs from a loss of Rs. 38.95 lakhs a year earlier. EPS for FY25 stood at Rs. 0.04 vs a negative Rs. 0.52. Total assets rose modestly to Rs. 1,063.34 lakhs. The board also appointed M/s. Umesh Ved & Associates as Secretarial Auditor for five years (FY26–FY30), subject to shareholder approval, and M/s. Kamal M. Shah & Co. as Internal Auditor for FY25-26. The statutory auditor (Nahta Jain & Associates) issued an unmodified (clean) opinion.
Routine corporate housekeeping with a positive turnaround from loss to a small profit, though absolute earnings remain tiny. The auditor appointments are standard and unlikely to move the stock; investors should note the company has shifted away from its NBFC identity and rebranded to Ashtasidhhi Industries Limited.