Annual Report of the company for FY 2024-25
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Starcom Information Technology Limited has filed its 30th Annual Report for FY 2024-25 along with the notice for its AGM scheduled for September 29, 2025, to be held via video conferencing. Key agenda items include adoption of audited financial statements for the year ended March 31, 2025, re-appointment of Ms. Sayeeda Hina as director, and seeking shareholder approval for related party transactions with Mr. Ziaulla Sheriff (Managing Director) up to INR 15 crore on an arm's length basis. The company also proposes appointing M/s Mehul Jain & Associates as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30. The statutory auditors are M/s CAS & Co., and the company's registered office is in Bengaluru. Financial statement details (Balance Sheet, P&L, Cash Flow) are referenced in the index but were not included in the excerpt provided.
For shareholders, the key item to watch is the related party transaction approval worth up to INR 15 crore involving the Managing Director, which requires a special resolution. No financial results figures were available in the excerpt to assess performance impact.