Annual Report and Notice of 14th AGM
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Awaiting price reaction for this filing.
Scarnose International Limited has filed its Annual Report for FY 2024-25 along with the Notice of its 14th Annual General Meeting, scheduled for Friday, September 19, 2025, at 3:00 PM via Video Conferencing. The AGM will consider two ordinary business items: adoption of the audited financial statements for the year ended March 31, 2025, and re-appointment of Managing Director Ms. Shraddha Dev Pandya (DIN: 09621935), who retires by rotation. Voting will be conducted electronically through NSDL, with the remote e-voting window open from September 16 (9:00 AM) to September 18 (5:00 PM) and a cut-off date of September 12, 2025. Key financial highlights: revenue from operations fell to Rs. 1,210.16 lakh from Rs. 1,386.34 lakh in the previous year, but profit after tax rose sharply to Rs. 19.10 lakh (EPS Rs. 0.61) compared with Rs. 0.93 lakh (EPS Rs. 0.03) in FY 2023-24.
For shareholders, this is a routine regulatory filing with no immediate price-moving action, though the sharp improvement in profitability (over 20x growth in PAT) on a lower revenue base is a positive signal. Investors should track the AGM results, especially the director re-appointment and any disclosures made during the meeting, to gauge management continuity.