Swastik Safe Deposit & Investments Ltd — Updates, 07-05-2025: Company Update

The Swastik Safe Deposit and Investments Limited has announced a board meeting on which it approved the audited financial results for the quarter and financial year. The company reported a revenue from operations of Rs. 22.16 lakh for the quarter and Rs. 94.67 lakh for the year. It posted a loss after tax of Rs. 31.98 lakh for the quarter but a profit after tax of Rs. 11.82 lakh for the year. The Board has proposed a dividend of Re. 1 per equity share (10% of face value) subject to shareholder approval. The company also approved the proposal to surrender its NBFC license, signaling a strategic shift away from non-banking finance activities.