Announced Mon, 12 May · 14:25 IST

Appointment of Internal Auditor of the company For the Financial year 2025-2026

Management Changes View source PDF

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AI summary

Sodhani Academy of Fintech Enablers Ltd announced results from its May 12, 2025 board meeting. The board approved audited standalone financial results and statements for FY ended March 31, 2025, with statutory auditor J C Kabra & Associates giving an unmodified opinion. Revenue from operations rose to Rs. 288.79 lakhs (from Rs. 203.48 lakhs) and profit before tax jumped to Rs. 124.74 lakhs (from Rs. 39.59 lakhs), with EPS of Rs. 2.31 vs Rs. 0.72. The board recommended a Rs. 0.50 per share (5%) final dividend for FY25, subject to shareholder approval. It also appointed M/s D. Jain & Co. as internal auditors for FY 2025-26 and re-appointed M/s G&J Associates as secretarial auditors for five years (FY 2025-26 to FY 2029-30).

Likely market impact

Strong profit growth and a maiden-style dividend (the company listed on BSE in September 2024) are positive signals for shareholders. The auditor appointments are routine governance items with no negative implications.