SUBMISSION OF ANNUAL REPORT FOR THE FINANCIAL YEAR 2024-25 AND NOTICE OF THE 05th ANNUAL GENERAL MEETING (AGM) OF THE COMPANY.
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Shashwat Furnishing Solutions Ltd, listed on BSE SME (Scrip Code: 543519), has submitted its 5th Annual Report for FY 2024-25 along with the AGM notice. The 5th AGM is scheduled for Tuesday, September 30, 2025, at 11:00 AM in Jodhpur, Rajasthan. On a standalone basis, the company posted revenue of Rs. 468.48 Lakhs (up 53% from Rs. 306.13 Lakhs last year) and swung to a profit after tax of Rs. 35.50 Lakhs, compared to a loss of Rs. 92.44 Lakhs in FY 2023-24. On a consolidated basis (first year of reporting), revenue stood at Rs. 1,351.51 Lakhs with a PAT of Rs. 53.87 Lakhs, helped by its 80%-owned subsidiary Dhruvanshi Agrotech Pvt Ltd. The board has not recommended any dividend, citing the need to retain profits for expansion. Director Mrs. Mayuri Karnawat (Whole-Time Director) is retiring by rotation and seeking re-appointment at the AGM. E-voting via NSDL runs from September 27 to September 29, 2025, with the cut-off date set as September 23, 2025.
The filing is primarily a procedural compliance submission with the AGM notice and annual report, but it also reveals a clear turnaround from loss to profit on a standalone basis and the first consolidated results showing stronger top-line growth. No dividend means shareholders rely on capital appreciation rather than income, and investors should review the annual report for details on the new subsidiary's contribution and future growth plans.