Appointment of Secretarial Auditor
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Hercules Hoists Limited's board, at its May 27, 2025 meeting, approved the audited standalone financial results for Q4 and FY ended March 31, 2025. Statutory auditor Kanu Doshi Associates LLP issued an unmodified (clean) opinion on the results. The board appointed Mr. P S Chandrashekar (FCS 2883) as the new Company Secretary & Compliance Officer, and M/s. S N Ananthasubramanian & Co. as Secretarial Auditor for a five-year term (FY26–FY30). The 63rd AGM is scheduled for August 12, 2025 via video conferencing. For FY25, total income stood at Rs 67,763.68 lakh (vs Rs 64,610.26 lakh restated for FY24), with profit after tax of Rs 6,378.40 lakh versus Rs 6,357.66 lakh in the prior restated year.
Routine governance announcement. The clean audit opinion and modest PAT growth (~0.3%) suggest stable operations, though revenue growth of ~4.9% is below 20%. Shareholders should note that prior-year figures have been restated due to the demerger scheme with Indef Manufacturing Limited, which is highlighted by the auditor and should be considered when comparing year-on-year performance.