Re-Appointment of Statutory Auditors, Appointment of Secretarial Auditor and Appointment of Internal Auditor
Awaiting price reaction for this filing.
SW Investments Ltd's board, at its meeting on 27th May 2025, approved the audited financial results for Q4 and full year ended 31st March 2025, with statutory auditor Bagaria & Co. LLP issuing an unqualified (clean) opinion. The board also approved the re-appointment of Bagaria & Co. LLP as statutory auditors for a second five-year term, appointment of Mr. Veeraraghavan N. as secretarial auditor for FY26–FY30, and re-appointment of Sandeep V. Chavan and Co. as internal auditor for FY26, all subject to shareholder approval. For FY25, total income rose to ₹28.16 lakh (vs ₹16.11 lakh in FY24) and net profit grew to ₹7.96 lakh (vs ₹5.03 lakh), while EPS stood at ₹0.88. Investments on the balance sheet jumped sharply to ₹750.48 lakh from ₹253.16 lakh a year earlier.
Routine governance action with no red flags — clean audit opinion and continuity of auditors is positive. Improved FY25 profitability is modest given the small absolute scale, and the sharp rise in investments signals a shift in asset mix that investors may want to track.