This is to inform that the meeting of Board of Directors of the Company held todays on Monday, 26th May, 2025, at H P Brahmachari Road, Rehabari, Guwahati 781 008 (Assam) which commenced ....
Awaiting price reaction for this filing.
The Board of Bijoy Hans Limited met on 26th May 2025 and approved audited financial results for Q4 and the financial year ended 31st March 2025, with the auditor issuing an unmodified opinion. For FY25, the company swung to a net profit of Rs. 13.62 lakhs compared to a loss of Rs. 11.72 lakhs in FY24, but this was largely driven by exceptional items of Rs. 55.86 lakhs (likely a one-time gain from asset sale). Core revenue remained weak, with total income falling to Rs. 46.87 lakhs from Rs. 58.33 lakhs, and Q4 standalone revenue was just Rs. 5.08 lakhs. No dividend was declared for FY25. The Board appointed a new Executive Director (Mr. Kaushal Uttam Shah), a new Internal Auditor, and a new Secretarial Auditor (M/s. SKGK & Associates LLP for 5 years). The Company Secretary resigned and was replaced. The corporate office is being shifted to Sangali, Maharashtra, indicating new Pune-based management taking control.
The headline profit turnaround is misleading because it depends on a one-time exceptional gain, not improved operations — core business revenue is still shrinking. Shareholders see no dividend, but a proposed preferential allotment of 45 lakh equity shares has been deferred to 27th May, which could dilute existing holders if approved.