Sobhagya Mercantile Ltd — Updates, 20-05-2025: Company Update

Sobhagya Mercantile has announced a correction in its audited financials, revising property, plant, and equipment for the previous year from Rs. 37.98 lakh to Rs. 134.97 lakh, and total assets from Rs. 8603.14 lakh to Rs. 8700.13 lakh. This error was due to incorrect Excel cell linking and only impacts these figures in the Statement of Assets and Liabilities. The updated numbers show significant growth in trade receivables and equity share capital, highlighting the company’s expanding asset base and equity position, which is positive for shareholders tracking its financial health.