Sunrise Efficient Marketing Ltd — Board Meeting, 17-05-2025: Board Meeting

Sunrise Efficient Marketing Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported revenue of ₹129.10 Cr for the year with a profit of ₹9.22 Cr, up from ₹8.11 Cr last year. The Board approved issuance of 51.38 lakh convertible warrants on a preferential basis at ₹106 each, raising ₹17.05 Cr during the year, with 6.65 lakh warrants converted into equity shares subsequently. Bonus shares were issued in a 1:2 ratio, increasing paid-up capital to ₹15 Cr. The company advanced short-term loans of ₹4.7 Cr to related parties on which interest is charged. Inventory valuation differences arose due to timing and pricing methods. The statutory auditor gave an unmodified opinion. The company operates primarily as a distributor of industrial electrical components and FMCG products, with no manufacturing activities. CSR obligations were met through donations totaling ₹19 lakh.