Nidhi Granites Ltd — Others, 26-06-2025: AGM/EGM

Nidhi Granites Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported standalone total income of Rs. 156.43 lakhs and profit before tax of Rs. 122.90 lakhs for the year ended March 31, 2025, reflecting significant improvement over the previous year. The Board approved a bonus issue in May 2024, doubling paid-up equity capital to Rs. 8 Cr. The company acquired 12,500 equity shares at Rs. 60.57 lakh to make Auro Fintech Private Limited a wholly owned subsidiary effective April 1, 2025. Promoter shareholding was restructured with Mr. Devan Pandya increasing his stake to 66.75%. No dividend was declared. The consolidated financials show revenue from operations of Rs. 4,527.75 lakhs and profit before tax of Rs. 252.75 lakhs, driven by subsidiaries in paper and garment segments. Internal controls and audit reports confirm compliance and sound governance.