Announced Thu, 4 Sept · 17:15 IST

Notice of 31st Annual General Meeting of the Members of the Company

Revenue DeclineBoard & Shareholder Meetings View source PDF

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AI summary

Peeti Securities Limited has filed the Notice of its 31st Annual General Meeting to be held on Tuesday, 30th September 2025 at 11:00 AM at its registered office in Hyderabad. The AGM will consider three items: (1) adoption of audited financial statements for FY 2024-25, (2) re-appointment of Mr. Rajesh Pitty (Whole-Time Director & CFO) who retires by rotation, and (3) appointment of M/s. P.S Rao & Associates as Secretarial Auditors for a 5-year term up to FY 2029-30. Key financials for FY 2024-25 show revenue from operations of Rs. 2,315.57 lakhs (down from Rs. 2,483.42 lakhs), and the company swung to a net loss of Rs. 9.14 lakhs versus a net profit of Rs. 41.15 lakhs in the previous year. No dividend has been recommended for the year.

Likely market impact

Shareholders should note the company has reported its first net loss after a profit last year, with revenue also declining about 7%, and no dividend is being paid. The re-appointment of Mr. Rajesh Pitty (brother of CMD Sandeep Peeti) and the appointment of a new secretarial auditor are routine governance items requiring shareholder approval.