Dear Sir / Madam, Please find attached Annual Report of the Company for the F.Y. 2024-2025. Please take the same on record.
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Awaiting price reaction for this filing.
Oseaspre Consultants Limited has submitted its Annual Report for FY 2024-25 along with the notice for its 43rd Annual General Meeting scheduled on 29th September 2025 at the registered office in Mumbai. The company swung from a loss of ₹14.29 lakhs in FY 2023-24 to a profit of ₹3.98 lakhs in FY 2024-25. No dividend has been recommended and no transfer to general reserve was made. Key agenda items include the appointment of new statutory auditors M/s. Manek & Associates (replacing M/s. Kalyaniwalla & Mistry LLP, completing their second term), appointment of Mr. Amit S. Nisar as Manager for two years, and re-appointment of Mrs. B.A. Pardiwalla as Director retiring by rotation.
The turnaround from loss to profit is a positive sign, though the absolute earnings are very small for a listed entity. Shareholders should note the auditor change at the AGM and the appointment of a new Manager, both of which are governance events rather than material financial catalysts.