Outcome of Board Meeting held on Monday, May 12, 2025
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The Board of Sodhani Academy of Fintech Enablers Ltd (BSE: SAFE) met on May 12, 2025 and approved the audited standalone financial results for the half year and full financial year ended March 31, 2025, along with the audited financial statements. The Board recommended a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for FY25, subject to shareholder approval at the upcoming AGM. M/s D. Jain & Co. was appointed as Internal Auditor for FY 2025-26, while M/s G & J Associates was re-appointed as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), pending shareholder approval. Statutory auditors M/s J C Kabra & Associates issued an unmodified opinion on the financials.
The 5% final dividend offers a modest income for shareholders pending AGM approval. The clean (unmodified) auditor opinion and stable auditor appointments are routine governance matters, but the auditor flagged some regulatory non-compliances (gratuity provisioning and ESI registration) which investors should note.