Submitting the 39th Annual Report for the year ended on 31st March 2025.
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V B Desai Financial Services Ltd has submitted its 39th Annual Report for the financial year ended March 31, 2025 to BSE along with the AGM notice. The 39th AGM will be held on September 9, 2025 at 11:30 a.m. via video conferencing. Gross income rose marginally by 0.73% to Rs. 332.79 lakhs, while profit after tax grew 19.48% to Rs. 55.82 lakhs (from Rs. 46.72 lakhs). No dividend has been recommended. The AGM agenda includes routine re-appointment of two directors by rotation, appointment of a new Secretarial Auditor for five years (FY 2025-26 to FY 2029-30), and shareholder approval for related party transactions with three promoter-group entities worth up to Rs. 5.25 crore combined.
Minor revenue growth but solid bottom-line expansion signals operational improvement. Shareholders should note the significant related party transactions on the AGM agenda — particularly the Aarayaa Advisory deal worth up to ~90% of FY24-25 turnover and Desai Investments loan up to ~60% of turnover — both requiring unrelated shareholder approval. No dividend payout means returns depend solely on stock price movement. E-voting window is September 6-8, 2025.