Notice of 31st Annual General Meeting and 31st Annual Report for the financial year 2024-25 .The 31st Annual General Meeting of the Company has been scheduled to be held on Saturday, 27th ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tokyo Finance Limited (BSE Scrip Code: 531644), an NBFC, has notified its 31st AGM to be held on Saturday, 27th September 2025 at 12:00 PM through Video Conferencing. The AGM includes adoption of FY25 audited financials, re-appointment of Mr. Haresh Velji Shah (retiring by rotation), appointment of Mrs. Jinali Rushin Modi as Independent Director (5-year term), re-appointment of Mr. Velji Lakhadhir Shah as Managing Director for another 3 years from February 7, 2026, and re-appointment of Mr. Viraj Devang Vora as Independent Director for a second 5-year term. Key FY25 financials show revenue from operations rose to Rs. 82.56 lakhs (vs Rs. 77.96 lakhs), but net profit after tax fell sharply to Rs. 22.83 lakhs (vs Rs. 108.76 lakhs in FY24), a drop of about 79%. The Board has not recommended any dividend for FY25.
Sharp decline in net profit despite modest revenue growth is a negative signal for shareholders; no dividend declared. Resolutions seek continuity in leadership, including a 3-year extension for the 77-year-old Managing Director, which shareholders will need to approve via special resolution.