Integrated Annual Report for the FY 2024-25 convening the 31st Annual General Meeting of the Company
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Hasti Finance Limited, a non-deposit accepting NBFC, has filed its Integrated Annual Report for FY 2024-25 along with the notice for its 31st AGM scheduled for September 30, 2025 at 2:00 PM via video conferencing. The company reported a sharply widened loss after tax of approximately Rs. 8.15 crore (Rs. 8,15,480.85 in hundreds) for FY25, compared to a loss of about Rs. 51 lakh in FY24 — a more than 15-fold jump in losses. Gross income stood at around Rs. 45 lakh, while total expenses ballooned to roughly Rs. 8.59 crore. No dividend has been recommended, and there is no change in the share capital (paid-up equity capital remains at Rs. 10.84 crore). Shareholders will vote on adopting the financial statements, re-appointing Executive Director Sonal Nitin Somani, and approving M/s Deepika Mishra & Associates as Secretarial Auditor for a 5-year term (FY26–FY30).
The dramatic spike in losses and absence of any dividend are negative signals for shareholders. The AGM is a routine compliance event, but the sharply deteriorating financials and lack of operational scale may weigh on investor sentiment and the stock price.