in continuation of our previous communication , attached herewith is the notice and the explanatory statement of the 21st Annual general meeting of the Company scheduled to be held on Friday ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Satchmo Holdings Limited has scheduled its 21st AGM for Friday, June 27, 2025 at 9:00 AM, to be held via Video Conference. The e-voting window runs from June 24, 2025 (9:00 AM) to June 26, 2025 (5:00 PM), with a cut-off date of June 20, 2025. On the financial front, standalone turnover dropped sharply to Rs. 530 lakhs in FY25 from Rs. 9,510 lakhs in FY24, but profit before tax jumped to Rs. 1,551 lakhs from Rs. 246 lakhs, and EPS improved to Rs. 1.06 from Rs. 0.24. No dividend has been declared. The notice also includes the reappointment of Mr. L.S. Vaidyanathan (Director since 2005, holding 1,39,501 shares) and indicates the company operates as an investment and holding entity with businesses in facilities management, catering, restaurants, food, and equity trading in Karnataka.
The steep revenue fall alongside a rise in profit suggests a significant restructuring or scaling-down of operations, which shareholders should review in the full annual report before voting. With no dividend and a low absolute revenue base, the stock could see volatility around the AGM and e-voting outcome.