Reg. 34 (1) Annual Report.
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Awaiting price reaction for this filing.
Shikhar Leasing & Trading Ltd has submitted its 41st Annual Report for FY 2024-25 to BSE, along with the notice of its 41st AGM scheduled for June 30, 2025 at 2:00 PM at its registered office in Lower Parel, Mumbai. Key financials show total revenue rose slightly to Rs. 80.35 lakhs (from Rs. 74.10 lakhs), but Other Income crashed to Rs. 22.68 lakhs (from Rs. 413.12 lakhs), pulling down total income to Rs. 103.03 lakhs. Net profit dropped sharply to Rs. 13.93 lakhs from Rs. 201.04 lakhs in the previous year. No dividend has been recommended. The company issued 2,77,260 bonus shares (3:1) to non-promoters during the year, raising paid-up capital from Rs. 1 crore to Rs. 1.27 crore. Two new independent directors were appointed, two resigned, and a new Company Secretary joined. Members are also being asked to appoint M/s. D. Kothari & Associates as Secretarial Auditor for five years (FY26-FY30).
Routine AGM and Annual Report filing, but the steep ~93% fall in net profit and zero dividend are negative takeaways for shareholders. The bonus issue to non-promoters diluted promoter holding to 71.06% (from 100%), which broadly improves liquidity and Minimum Public Shareholding compliance.