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Tirupati Sarjan Limited (BSE: 531814) has submitted its 30th Annual Report for FY2024-25 to BSE, along with the notice for its 30th Annual General Meeting scheduled for Saturday, 30th August 2025 at 4:00 PM via video conferencing. The AGM will consider adoption of audited financial statements, re-appointment of Mr. Ankit Shah (retiring by rotation), appointment of Mr. Jaydeep Prajapati as Independent Director for 5 years, and appointment of M/s Chetan Patel & Associates as Secretarial Auditor for FY2025-26 to FY2029-30. For FY25, total income from operations and other income stood at Rs. 22,325.09 lakh (up ~14% from Rs. 19,525.86 lakh), while net profit after tax rose ~30% to Rs. 514.96 lakh from Rs. 394.85 lakh. The board has not recommended any dividend, citing the need to conserve resources for future projects. The company has one subsidiary, Tirupati Development (U) Ltd in Uganda.
Strong top-line and bottom-line growth (~14% revenue, ~30% PAT) is positive for shareholders, though the absence of a dividend means returns will depend on capital appreciation. The AGM agenda items are largely routine; no major red flags beyond minor secretarial audit observations (board composition delay now rectified, FLA filing pending for Uganda subsidiary).