outcome of Board meeting
Price
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Awaiting price reaction for this filing.
The board of Shikhar Leasing & Trading Ltd met on 20 May 2025 and approved the audited financial results for Q4 and full year ended 31 March 2025, along with the directors' report and notice of the AGM scheduled for 30 June 2025. Total revenue for FY25 stood at Rs. 80.35 lakhs versus Rs. 74.10 lakhs in FY24, while EPS for the year came in at Rs. 10.09 versus Rs. 20.10 in the previous year, indicating a notable drop in full-year profitability. The company also allotted bonus shares in a 3:1 ratio to non-promoter shareholders during the year. Statutory auditor ADV & Associates issued an unmodified opinion on the results, and the board has not recommended any dividend for FY25. Additionally, D. Kothari & Associates has been appointed as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval.
Shareholders see weaker earnings (EPS nearly halved) and zero dividend, while the bonus issue improves liquidity of non-promoter holdings; for the stock, the lower profitability and absence of dividend are mildly negative signals, partly offset by the clean audit opinion.