Outcome of Board Meeting _ Corrigendum
SHILCTECH · price
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Shilchar Technologies' Board approved audited financial results for Q4 and FY ending March 31, 2025, with auditors (CNK & Associates LLP) issuing an unmodified (clean) opinion. The company reported revenue from operations of Rs. 44,224.84 lakhs in FY25, up about 54% from Rs. 28,638.69 lakhs in FY24. Net profit rose to Rs. 14,685.18 lakhs from Rs. 9,188.81 lakhs, a growth of roughly 60% year-on-year. The Board recommended a final dividend of Rs. 12.50 per share (125%) for FY25, same as last year. It also recommended a bonus issue in a 2:1 ratio (1 new share for every 2 held), to be funded from free reserves, taking share count from about 76.27 lakh to 114.40 lakh equity shares, subject to shareholder approval via postal ballot.
Strong revenue and profit growth, a clean audit, and a bonus issue along with a steady dividend signal healthy financials and reward existing shareholders. The 2:1 bonus will increase share count by 50%, which typically adjusts the share price downward proportionally but boosts liquidity for retail investors.