BSEVertex Securities LtdHighNeutral
Announced Wed, 30 Apr · 17:30 IST

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obilgation and Disclosure Requirements) Regulations, 2015

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vertex Securities' Board, at its April 30, 2025 meeting, approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025. The company swung to a standalone net loss of Rs. 74.86 lakhs in FY25 from a profit of Rs. 37.96 lakhs in FY24, while total income was nearly flat at Rs. 864.18 lakhs versus Rs. 870.10 lakhs. Q4 standalone loss was Rs. 45.76 lakhs compared to a profit of Rs. 68.91 lakhs a year ago, with EPS at Rs. (0.10). On the board changes, Mr. Kumar Nair was re-appointed as Executive Director for 5 years, Ms. Meera Haridas joined as Additional Woman Executive Director for 3 years, and Mr. Krishnaswamy Anand was appointed as Independent Director for 5 years. M/s. Minu and Thomas were re-appointed as Internal Auditor for FY26. Statutory auditors Deoki Bijay & Co. issued an unmodified opinion on the results.

Likely market impact

Shareholders should note the return to a loss in FY25 versus a small profit the prior year, indicating weaker operational performance. The director changes are largely continuity moves (one re-appointment, one new woman executive director, one new independent director) and unlikely to materially shift stock sentiment on their own.