The Board at its meeting held on May 06, 2025 has considered and approved the appointment of Secretarial Auditors of the Company for the term of five consecutive years, subject to approval ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board on May 6, 2025 approved the audited financial results for Q4 and FY ending March 31, 2025, with statutory auditors Kalyaniwalla & Mistry LLP issuing an unmodified (clean) opinion. Total income for FY25 stood at about ₹2,013.92 lakh versus ₹192.04 lakh in FY24, helped by a newly started trading segment and substantial dividends from group companies. The company also classified itself as an Unregistered Core Investment Company (CIC), since more than 50% of its income and assets now come from financial/equity investments in group firms. The board appointed M/s. Parikh & Associates as Secretarial Auditor for five years (FY26–FY30), subject to shareholder approval, and paid a ₹18.71 lakh SEBI settlement fee linked to violations by Bombay Burmah Trading Corporation, where Naperol is a promoter.
Clean audit opinion and orderly secretarial auditor appointment signal routine, stable governance. Total equity strengthened to about ₹116,356 lakh from ₹105,475 lakh YoY, but a small operating loss and the SEBI settlement fee show minor headwinds; no material price-moving change expected.