BSELibord Securities LtdMediumNeutral
Announced Fri, 29 Aug · 19:28 IST

Pursuant to Regulation 30 and 34 of the SEBI (LODR) Regulations, 2015 read with Schedule III of the said Regulations, we submit herewith Annual Report for the Financial Year 2024-25 ending ....

Board & Shareholder Meetings View source PDF

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AI summary

Libord Securities has filed its Annual Report for FY 2024-25 along with the Notice for its 31st Annual General Meeting, scheduled for Wednesday, September 24, 2025 at 12:00 noon via video conferencing. Key numbers show a sharp deterioration: total income fell to Rs. 9.73 lakhs from Rs. 81.61 lakhs in the previous year, and the company swung from a Rs. 37.35 lakh profit in FY24 to a Rs. 70.10 lakh loss in FY25, with a total comprehensive loss of Rs. 79.21 lakhs. The Directors' Report cites an 'unfavourable business environment' as the reason for the decline. The AGM business includes adopting the audited accounts, re-appointing Mr. Lalit Kumar Dangi (who retires by rotation), and appointing Mr. Kishan Sharma and Mr. Radhey Shyam Soni as Independent Directors for 5-year terms each. Share capital remains unchanged and no shares were issued during the year.

Likely market impact

The sharp revenue drop and swing to a loss is a negative signal for shareholders and likely to weigh on sentiment, though the scale remains small for a listed securities firm. The two new Independent Director appointments strengthen board oversight but are routine governance items.