Corrigendum to the Outcome of the Meeting of the Board of Directors held on Monday, 21st July 2025
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Shradha AI Technologies issued a corrigendum to its 21 July 2025 board meeting outcome, correcting a typo regarding the 36th AGM notice. The board approved strong Q1 FY26 unaudited results — standalone revenue nearly doubled to Rs 601.71 lakhs (from Rs 301.17 lakhs a year ago), and profit after tax rose to Rs 336.29 lakhs (from Rs 167.52 lakhs), with EPS at Rs 0.55 vs Rs 0.27. Consolidated PAT stood at Rs 324.54 lakhs, though subsidiary Moodscope AI posted a Rs 11.78 lakh loss. The 36th AGM is set for 29 August 2025 via video conferencing, with book closure from 22–28 August and a record date of 8 August for the proposed final dividend (subject to shareholder approval). The board also appointed Deshpande Bhalerao & Pashine as internal auditor and CS Riddhita Agrawal as secretarial auditor for a 5-year term, and approved the re-appointment of Mr. Vineet Ladhania as Independent Director for a second 5-year term. Statutory auditors gave an unmodified review opinion.
Strong Q1 performance with revenue and profit roughly doubling year-on-year is a positive signal for shareholders, though the consolidated picture is softened by losses at the new AI subsidiary. Investors should track the 8 August record date for dividend eligibility and the 29 August AGM, where the final dividend and director re-appointment will be put to vote.