We enclosed, in terms of Regulations 30 and 34 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, a copy of the Annual Report ....
Awaiting price reaction for this filing.
Olympic Management & Financial Services Ltd has filed its 41st Annual Report for FY ended 31 March 2025 along with the notice for its AGM scheduled on 30 September 2025 in Mumbai. The company posted a net loss of Rs. 45.40 Lacs for FY25, up sharply from Rs. 16.26 Lacs in FY24, on operating revenue of Rs. 5.14 Lacs (down from Rs. 6.52 Lacs). No dividend has been proposed due to the loss. Key AGM resolutions include re-appointment of statutory auditors H.G. Sarvaiya & Co. for five years (till 2030), appointment of Manthan Negandhi & Co. as secretarial auditors for five years, ratification of Mr. Benitto Kumar Nadar as Independent Director, and shareholder approval for loans, guarantees and investments up to Rs. 2 Crore under Section 186 of the Companies Act, 2013. Paid-up equity capital stands at Rs. 3.07 Crore and the company is exempt from Corporate Governance provisions as its paid-up capital and net worth fall below the prescribed thresholds.
The widening losses and absence of dividend highlight ongoing operational weakness, but the AGM resolutions are largely routine governance matters with no immediate material impact on shareholders. No significant stock price catalyst is expected from this filing.