Servotech Renewable Power System Limited has informed the Exchange regarding Appointment of Ms R&D Company Secretaries as as Secretarial Auditors of the Company for a term of 5 consecutive years commencing from FY 2025-26 till FY 2029-2030 w.e.f. May 06, 2025.
SERVOTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Servotech Renewable Power System Limited announced audited Q4 and FY25 results (ended March 31, 2025) with an unmodified auditor opinion. Consolidated revenue nearly doubled to Rs 67,680 lakhs (vs Rs 35,526 lakhs last year), while consolidated profit after tax jumped to Rs 3,263.70 lakhs (vs Rs 1,180.21 lakhs), with basic EPS of Rs 1.48. The Board has recommended a final dividend of 5% (Re 0.05 per share on Rs 1 face value) for FY25, subject to shareholder approval. It also appointed R&D Company Secretaries as Secretarial Auditors for a 5-year term (FY26–FY30), re-appointed N N Sharma & Associates as Cost Auditors for FY26, and inducted Mr. Girish Kumar Ahuja as an Additional Non-Executive Independent Director, all pending shareholder approval.
Strong near-doubling of revenue and tripling of profit signal robust business momentum, likely to be viewed positively by investors. The dividend is modest given the low face value, while the addition of a new independent director strengthens board composition. Pending shareholder approvals for dividend and appointments are procedural and low-risk.