Recommendation of a final dividend of Rs. 0.50/- Paisa (at the rate of 5%) per Equity share of the face value of Rs. 10/- each for the financial year ended March 31, 2025, subject to approval ....
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The Board of Sodhani Academy of Fintech Enablers Ltd, at its meeting on May 12, 2025, recommended a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10) for FY ended March 31, 2025, subject to shareholder approval at the upcoming AGM. The Board also approved the audited standalone financial results for FY25, on which statutory auditors JC Kabra & Associates issued an unmodified opinion. The company recently listed on BSE in September 2024 after an IPO that raised Rs. 388 lakhs via 9.7 lakh shares at a Rs. 30 premium. Additional board actions include appointing M/s D. Jain & Co. as internal auditors for FY26 and re-appointing M/s G&J Associates as secretarial auditors for five years. The auditor's report flagged minor non-compliance with Gratuity and Employees' State Insurance provisions, though the opinion remains unmodified.
This is the company's first full-year dividend recommendation post its September 2024 listing, offering a modest 5% payout on face value to shareholders. The small absolute dividend amount and limited profit base suggest the company is in early growth mode, prioritizing reinvestment over large shareholder distributions.