Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith a copy of the Annual Report of the company for the Financial ....
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Shoora Designs Ltd (BSE: 543970) submitted its Annual Report for FY 2024-25 to BSE on September 8, 2025, under Regulation 34(1) of SEBI LODR. Revenue from operations rose to ₹486.20 lakhs from ₹443.71 lakhs in the previous year, a growth of about 9.6%. The company swung from a net loss of ₹3.56 lakhs in FY24 to a net profit of ₹5.85 lakhs in FY25. During the year, the authorised share capital was raised from ₹1.50 Cr to ₹6.00 Cr, and 31,25,000 warrants issued on a preferential basis in September 2024 were fully converted into equity shares in March 2025, increasing paid-up capital from ₹1.49 Cr to ₹4.62 Cr. These new shares received listing approval on May 12, 2025, with trading commencing May 22, 2025. The 4th AGM is scheduled for September 30, 2025 at 11:00 AM in Surat. The board did not recommend any dividend for the year.
The shift from loss to profit is a small but positive signal for shareholders, though absolute earnings remain modest. Existing shareholders face significant equity dilution (~3x expansion in paid-up capital) due to the preferential warrant conversion, which could weigh on per-share metrics but has strengthened the balance sheet for future expansion in the diamond and jewellery business.