HB Stockholdings Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 02, 2025
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HB Stockholdings Limited has notified the 38th AGM to be held on Saturday, August 2, 2025 at 11:00 a.m. via video conferencing. Key business includes adopting FY25 audited financial statements, declaring a final dividend of Re. 1 per equity share (face value Rs. 10), re-appointing Mr. Ashish Kapur as director (retiring by rotation), appointing Mrs. Anita Jain as Non-Executive Independent Director for 5 years (till May 6, 2030), and appointing Mr. A.N. Kukreja as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30). The Board's Report reveals a sharp financial reversal: standalone total revenue from operations fell to Rs. 151.46 lakhs from Rs. 4,436.45 lakhs in FY24, with the company swinging from a profit after tax of Rs. 3,755.82 lakhs to a loss of Rs. 1,198.70 lakhs. The decline was driven by zero income from equity derivative trading (vs Rs. 992.36 lakhs) and nil fair value gains (vs Rs. 3,246.23 lakhs), while expenses jumped to Rs. 1,174.43 lakhs from Rs. 323.31 lakhs.
Despite reporting a substantial loss for FY25, the board has still recommended a Rs. 1 per share dividend, which shareholders will vote on at the AGM. Investors should note the dramatic earnings reversal driven by the absence of trading and fair value gains seen in the prior year, even as costs rose sharply. The re-appointments and new auditor appointment are largely routine governance matters.