Appointment of M/s Pragnya Pradhan & Associates, Company Secretaries (Unique Code: S2023DE213400), (Peer review Certificate No. 1564/2021) New Delhi as the Secretarial Auditors of the Company for audit period of 5 consecutive years commencing from the financial year 2025-26 till financial year 2029-30, subject to approval of the shareholders of the Company at the ensuing Annual General Meeting.
SYRMA · price
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Syrma SGS Technology's board, at its May 13, 2025 meeting, approved audited financial results for Q4 and FY25 with an unmodified auditor opinion from Walker Chandiok & Co LLP. Consolidated revenue from operations rose to Rs. 37,866.91 million (from Rs. 31,541.17 million in FY24), while consolidated profit after tax jumped to Rs. 1,844.50 million (from Rs. 1,243.40 million), with basic EPS of Rs. 9.55 versus Rs. 6.06. The board recommended a final dividend of Rs. 1.50 per share (15%) subject to shareholder approval. It also approved plans to raise up to Rs. 1,000 Crores through a QIP or other modes, and to incorporate two wholly owned subsidiaries for manufacturing electronic components, PCBs, and interface cards. Additionally, new Secretarial Auditors (Pragnya Pradhan & Associates for 5 years), Cost Auditors (Umesh Sagta & Associates for FY26), and Internal Auditors (Protiviti India) were appointed.
Strong profit growth (consolidated PAT up ~48% YoY) and a dividend declaration are positive for shareholders, though the proposed Rs. 1,000 Crore fund raise could lead to equity dilution. The new subsidiaries signal expansion plans in the electronics manufacturing space, which could support future growth but also raises execution risk.