Swastik Safe Deposit & Investments Ltd — Updates, 15-04-2025: Company Update

The Swastik Safe Deposit & Investments Limited has announced a board meeting outcome regarding its audited financial results for the fourth quarter and the financial year ended 31st March 2025. The company reported a total income of ₹94.62 Cr, resulting in a profit after tax of ₹(31.98) Cr. The board approved a dividend of ₹1 per equity share and proposed to surrender its NBFC license. This move may impact the company's operational strategy and liquidity management. Investors may view the dividend and decision to exit the NBFC space as a potential shift towards streamlining operations, with a cautiously positive outlook.