Closure of register of member
Price
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Awaiting price reaction for this filing.
The board of Shikhar Leasing & Trading Ltd approved audited financial results for Q4 and FY ended 31st March 2025, along with the AGM notice. The Register of Members will be closed from 24th June to 30th June 2025 for the AGM on 30th June 2025. The auditor (ADV & Associates) issued an unmodified opinion on the results, and the board has appointed D. Kothari & Associates as Secretarial Auditors for five years (FY 2025-26 to FY 2029-30). No dividend has been recommended for FY25. The company recently allotted bonus shares in a 3:1 ratio to non-promoter shareholders, increasing paid-up capital to ₹1,27,72,600.
Routine book closure for AGM purposes — no direct price impact, but the absence of any dividend and a sharp year-on-year fall in profits (EPS dropped from ₹20.10 to ₹1.09) may be viewed negatively by shareholders. Negative operating cashflow of ₹200.73 lakhs in FY25 is a watch-item for the company's financial health.