BSEMathew Easow Research Securities LtdLowNeutral
Announced Mon, 1 Sept · 13:37 IST

We wish to inform you that 31st AGM of the company will be held on friday 26, september, 2025 at 12.30 p.m through VC /OAVM. We enclose herewith Notice dated 13th August, 2025, convening ....

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mathew Easow Research Securities Ltd has notified BSE that its 31st Annual General Meeting will be held on Friday, 26th September 2025 at 12:30 PM via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The agenda includes adoption of FY2024-25 financial statements, re-appointment of Mr. Beda Nand Choudhary (DIN: 00080175) as Director retiring by rotation, his re-appointment as Whole-time Director for three years (15 June 2025 to 14 June 2028) at a remuneration of Rs. 50,000 per month, and appointment of Jagannath Kar of Patnaik & Patnaik as Secretarial Auditor for five years (FY 2025-26 to 2029-30). The company, a Kolkata-based NBFC, disclosed financial performance showing total revenue of Rs. 325.01 lakhs in FY25 (down sharply from Rs. 1,446.55 lakhs in FY24) with profit after tax of Rs. 9.09 lakhs versus Rs. 6.02 lakhs in FY24. E-voting will be facilitated by NSDL from 23rd to 25th September 2025, with the cut-off date set as 19th September 2025.

Likely market impact

This is a routine AGM notice with no major surprises for shareholders. The re-appointment of the existing Whole-time Director and the modest Rs. 50,000/month remuneration suggest continuity in management. The sharp drop in FY25 revenue compared to FY24, despite higher profits, may warrant attention but is largely procedural.