This is further to our letter dated August 13, 2025, wherein the Company had informed that the Annual General Meeting (AGM) of the Company will be held on Wednesday, September 24, 2025 ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Saumya Consultants Ltd has submitted its 32nd Annual Report for FY 2024-25 and the AGM Notice to BSE and Calcutta Stock Exchange. The AGM is scheduled for Wednesday, September 24, 2025 at 12:30 PM. Key business items include the re-appointment of Arun Kumar Agarwalla as Managing Director for another 5-year term (from October 1, 2025) with salary up to Rs. 3 crore per annum, and the appointment of Mr. Anand Khandelia as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). Financial performance weakened sharply: Profit Before Tax dropped to Rs. 8.76 crore from Rs. 28.16 crore in FY24 (about a 69% decline), and Profit After Tax fell to Rs. 9.21 crore from Rs. 21.38 crore (roughly 57% lower). The decline was attributed to a fall in the fair value of investments.
Shareholders should note the steep year-on-year drop in profits and the board's decision not to recommend a dividend for FY25 to consolidate finances. The MD re-appointment and his remuneration, along with the new Secretarial Auditor appointment, are the key resolutions requiring member approval at the upcoming AGM.