Notice of 30th Annual General Meeting of the Company to be held on 29.09.2025
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Awaiting price reaction for this filing.
Rikhav Securities has called its 30th AGM on September 29, 2025, to be held via video conferencing in line with MCA and SEBI guidelines. Shareholders will consider and adopt the audited standalone and consolidated financial statements for FY ended March 31, 2025, and approve the re-appointment of Mr. Monil Rajendra Shah (DIN: 08064436), who retires by rotation. A special business item proposes appointing Secretarial Auditors (Ritul Parmar & Associates) for a term of 5 consecutive years. Standalone revenue from operations rose to Rs 985.08 lakhs in FY25 from Rs 717.67 lakhs in FY24, while consolidated total income jumped sharply to Rs 32,776.56 lakhs from Rs 11,059.95 lakhs. However, consolidated profit after tax declined to Rs 2,393.46 lakhs from Rs 4,220.89 lakhs in the prior year, reflecting higher expenses.
The revenue growth is a positive signal, but the sharp fall in consolidated profit is a concern shareholders should watch. The director re-appointment and auditor change are routine governance items and unlikely to materially affect the stock in the short term.