Re-appointment of Mrs. Bhavna D. Mehta as Managing Director of the Company for the period of two years w.e.f. 01.04.2025
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The board of Mehta Securities Ltd has re-appointed Mrs. Bhavna D. Mehta as Managing Director for a two-year term from April 1, 2025 to March 31, 2027, subject to shareholder approval at the upcoming AGM. She has been on the board since August 1994 and is part of the promoter group. In the same meeting, the board approved audited financial results for Q4 and FY ended March 31, 2025, with the statutory auditors issuing an unmodified opinion. Revenue from operations stood at Rs 245.18 lakhs for FY25, down from Rs 308.94 lakhs in FY24. The company reported a loss before tax, with operating cash flow at negative Rs 87.48 lakhs.
This is a continuity announcement rather than a change — the promoter family remains in charge of management, providing stability but raising no new governance concerns. The decline in revenue and operating losses are the more material data points for shareholders to note.