BSERatnakar Securities LtdHighNeutral
Announced Fri, 21 Nov · 17:56 IST

Please find attached Annual Report 2024-25 Ratnakar Securities Limited (Formerly Known as Mangalya Soft-Tech Limited)

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ratnakar Securities Limited has submitted its Annual Report for FY 2024-25 along with the notice for its 33rd Annual General Meeting, scheduled for December 15, 2025 in Ahmedabad. The AGM will consider ordinary business such as adoption of audited financial statements and reappointment of a director, along with special business including approval of a borrowing limit of up to Rs 50 crore, creation of charges/mortgages up to Rs 50 crore, and authority for inter-corporate loans, investments, and guarantees up to Rs 25 crore. The company also proposes appointing Shah & Shah Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). There was a change in the Company Secretary during the year, with Dhavalkumar Chaudhari resigning on July 31, 2024 and Harshil Shah appointed on October 28, 2024. The detailed financial numbers from the annual report were not included in the document excerpt provided.

Likely market impact

This is a routine compliance filing with no immediate price-moving news for shareholders. The proposed higher borrowing limits and inter-corporate investment authority may signal plans for business expansion or treasury activity, but shareholders should review the actual financial statements in the annual report before the AGM on December 15, 2025.