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Solitaire Machine Tools Ltd has submitted its 33rd Annual Report for FY 2024-25 to BSE. The 5-year financial highlights show steady growth: sales rose from Rs. 1,715.93 lakhs in FY21 to Rs. 2,250.17 lakhs in FY25, while net profit climbed from Rs. 141.81 lakhs to Rs. 234.54 lakhs. The 33rd AGM is scheduled for June 28, 2025 via video conferencing. The board has recommended a dividend for approval at the AGM. A new plant has been set up at Halol. The notice also seeks shareholder approval for the re-appointment of Mr. Ashok J. Sheth (age 77) as Chairman for another 5 years at Rs. 1.25 lakh/month, and the appointment of a new Secretarial Auditor for 5 years (FY26 to FY30).
Shows consistent top-line and bottom-line growth over five years, with net profit rising ~65% over the period, signaling healthy business momentum. The proposed dividend and new Halol plant expansion indicate confidence, while the long re-appointment of the Chairman provides leadership continuity for shareholders.