Appointment of Internal Auditor and Secretarial Auditor
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Shree Securities Ltd's board approved audited financial results for Q4 and FY ended March 31, 2025, with statutory auditors issuing an unmodified (clean) opinion. The company returned to profitability with a net profit of Rs. 65.73 lakhs in FY25, recovering from a loss of Rs. 5,936.64 lakhs in FY24, which had been dragged down by large one-time provisions and exceptional items of Rs. 4,582 lakhs. Total income stood at Rs. 68.35 lakhs vs Rs. 70.69 lakhs in the previous year. No dividend was declared for FY25. The board also appointed Ms. Dipika Naresh Dayma as Internal Auditor for FY26 and M/s. Kirti Sharma & Associates as Secretarial Auditor for a five-year term (FY26–FY30), subject to shareholder approval.
Clean audit opinion and a return to profit after a heavily loss-making FY24 are positive signals, though the small scale of operations (total income under Rs. 70 lakhs) and continued negative reserves (Rs. 7,044 lakhs) highlight weak fundamentals. No dividend means no near-term income for shareholders, but the appointments reflect routine governance compliance.