The Sandesh Limited — Others, 13-02-2025: Resignation

The Sandesh Limited has convened a board meeting to approve the financial results for the quarter and nine months ending December 31, 2024. The company reported a consolidated revenue of ₹ 23,602.90 crore, with a net profit margin impacted by significant losses on investments. An interim dividend of ₹ 2.50 per equity share was declared, with the record date set for February 21, 2025, and payment scheduled for March 13, 2025. Additionally, Shri Rahoul Rajivkumar Shah has been appointed as Whole Time Director for a five-year term, following the resignation of Shri Sanjay Kumar Tandon. This transition in management could suggest a strategic shift, potentially stabilizing operations and enhancing investor sentiment amid financial challenges.