Annual Report for FY 2024-2025
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VSD Confin Limited has filed its 42nd Annual Report for the financial year ended March 31, 2025, along with the notice for its 42nd Annual General Meeting (AGM) scheduled for Tuesday, September 30, 2025, at 09:30 AM in physical mode at the registered office in Lucknow. The company's revenue from operations for FY25 was nil, compared to Rs. 322.10 lakhs in FY24, while net loss widened to Rs. 16.15 lakhs from Rs. 11.67 lakhs in the previous year. No dividend has been recommended for the year, and the company had only 1 employee as of March 31, 2025. The AGM will consider three items: adoption of financial statements, re-appointment of Mr. Sandeep Srivastava as a non-executive non-independent director by rotation, and appointment of M/s P B & Associates as the Secretarial Auditor for five consecutive years (FY 2025-26 to FY 2029-30). The company's shares have been suspended from trading at BSE since revocation in March 2023, with no trading activity since then.
For shareholders, this filing signals continued operational weakness with zero revenue and widening losses, though expenses have reduced significantly. The lack of trading activity on BSE since the trading suspension was revoked in March 2023 means limited liquidity for shareholders. The appointment of a long-term secretarial auditor and routine AGM items suggest normal compliance activity rather than any transformative corporate action.