Appointment of Secretarial auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board, at its May 26, 2025 meeting, approved the audited financial results for Q4 and FY ended March 31, 2025, which were audited by KPSJ & Associates LLP with an unmodified (clean) opinion. For FY25, the company reported total income of Rs 78.52 lakhs (up from Rs 45.76 lakhs in FY24) and a net profit of Rs 2.39 lakhs, swinging from a Rs 1.77 lakh loss in the previous year. Q4 FY25 was the strongest quarter with net profit of Rs 18.69 lakhs on total income of Rs 43.78 lakhs. The board also appointed Ms Shubhangi Agarwal, a practising company secretary based in Ahmedabad, as the Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval at the 14th AGM.
Routine compliance filing with a clean audit report, indicating no governance red flags. The company turned profitable at a very small scale (revenue under Rs 80 lakhs for the full year) and management has parked idle funds in interest-bearing assets while scouting for new business opportunities, which is a watch point for revenue growth.