BSES. V. J. ENTERPRISES LtdMediumNeutral
Announced Sat, 2 Aug · 19:45 IST

Annual Report for the FY 2024-25

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

S.V.J. Enterprises has filed its 16th Annual Report for FY 2024-25, with the AGM scheduled for August 25, 2025 via video conferencing. Total turnover declined to Rs. 517.20 Lakhs from Rs. 579.85 Lakhs in FY24, while net profit fell to Rs. 53.32 Lakhs from Rs. 73.52 Lakhs. The Board has not recommended any dividend for the year, and there are no permanent employees on the company rolls. Shareholders will vote on the re-appointment of Director Mr. Suresh Ramchandra Jha and the appointment of M/s. Bhasin Hota & Co. as the new Statutory Auditor for a 5-year term (till 2030 AGM), replacing M/s. PSV Jain & Associates who resigned due to pre-occupation. The Secretarial Auditor flagged some compliance delays, including late filing of Form DIR-12 for a former Company Secretary's resignation and delayed upload of prior annual returns on the company website.

Likely market impact

Lower year-on-year revenue and profits, along with the absence of a dividend, may dampen investor sentiment, though the company remains profitable with no public deposits. The auditor change and minor compliance delays are routine but should be watched by shareholders.