Outcome of Board Meeting
Awaiting price reaction for this filing.
Pasupati Fincap Ltd's board met on May 29, 2025 and approved its audited standalone financial results for Q4 and the full year ended March 31, 2025, along with the auditor's report carrying an unmodified opinion. For FY25, the company reported total income of around Rs 6.58 lakhs but a net loss of Rs 35.19 lakhs, sharply wider than the Rs 11.52 lakh loss in FY24, translating to a basic EPS of Rs (0.75). The balance sheet continues to show negative other equity of Rs (529.62) lakhs and negative equity attributable to shareholders of Rs (59.62) lakhs, with long-term borrowings rising to Rs 60.15 lakhs from Rs 21.71 lakhs. The board also approved the appointment of Anil Malik as Whole Time Director and Sanjeev Khanna and Sandhya Kohli as Independent Directors, while Rishabh Talwar was re-designated from CEO to Non-Executive Director.
Shareholders should note the significantly widened annual loss and continued negative net worth, which signals ongoing financial weakness despite an unmodified audit opinion. The reshuffle at the board level, including a new Whole Time Director, may indicate management restructuring, but the weak fundamentals remain a concern for the stock.