Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Reportof the Company for the financial ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saianand Commercial Limited has submitted its 41st Annual Report for the financial year ended 31st March 2025 along with the AGM notice. Total income fell sharply to Rs 3.94 crore from Rs 6.57 crore in the previous year, while profit after tax dropped to Rs 35.57 lakh from Rs 75.90 lakh. No dividend has been recommended and there were no changes to the share capital (paid-up capital stands at Rs 22.72 crore). The 41st AGM is scheduled for 24th September 2025 in Mumbai, where shareholders will vote on adopting the financials, re-appointing Director Milan Khatri (retiring by rotation), appointing M/s Bipin & Co. as statutory auditors for a 5-year term till 2030, and two special resolutions to raise borrowing and investment/loan limits each up to Rs 100 crore under Sections 180(1)(c) and 186 of the Companies Act.
Shareholders should note the significant decline in both revenue and profitability year-on-year, along with secretarial audit qualifications flagging non-compliance with certain SEBI LODR publication requirements, delay in filing event-based forms with the RoC, and absence of a statutory internal auditor. On the positive side, the proposed Rs 100 crore borrowing and investment limits point to management's intent to scale operations, which could be a growth signal if executed prudently.