Please Find attached the Notice and Annual Report of the Annual Genreal Meeting of the Company scheduled to be held on Tuesday, 30th September, 2025 at 10:00 A.M
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SMC Credits Ltd has filed its Annual Report for FY 2024-25 along with the notice for its 33rd Annual General Meeting, scheduled for Tuesday, 30th September 2025 at 10:00 AM at the registered office in New Delhi. The company reported a strong financial performance with profit after tax rising to Rs. 1,251.62 lakhs from Rs. 307.28 lakhs in the previous year, a 307% jump. The Board has not recommended any dividend for FY 2024-25. Shareholders will vote on four items including adoption of financial statements, re-appointment of Mr. Rajesh Goenka (Whole Time Director & CFO) who retires by rotation, appointment of M/s. Kumar Ashwani & Associates as Statutory Auditors for 3 years (proposed fee Rs. 4 lakhs annually), and appointment of M/s. Neeraj Arora & Associates as Secretarial Auditors for 5 years (proposed fee Rs. 25,000 annually). Remote e-voting through NSDL will be available from September 27-29, 2025, with the cut-off date set as September 23, 2025.
The 307% jump in profit after tax is a strong positive signal for shareholders, though the decision to skip dividend means returns will rely on capital appreciation. The resolutions are largely routine — re-appointment of an existing director and standard auditor appointments — so no major governance surprises are expected.