Sobhagya Mercantile Ltd — Updates, 16-05-2025: Company Update

Sobhagya Mercantile Limited has announced a board meeting on which it approved the financial results for the quarter and half-year ended March 31, 2025, with the audit report issued by M/s Joshi & Shah carrying an unmodified opinion. The company appointed M/s PDTS & Associates as Secretarial Auditor for five years from FY 2025-26, subject to shareholder approval, and re-appointed M/s Ashish Mittal & Associates as Internal Auditor for FY 2025-26. The board also approved a Postal Ballot Notice for material related party transactions and appointed M/s PDTS & Associates as scrutinizer for the ballot process.