Ajcon Global Services Ltd — Updates, 26-06-2025: Company Update

Ajcon Global Services Limited has announced a board meeting on July 21, 2025, to consider the financial results for the quarter and half-year. Mr. Anuj Ajmera retires by rotation and offers himself for reappointment. Ms. Sonam Jain has been appointed as Secretarial Auditor for five years from FY 2025-26 to FY 2029-30. Mr. Ashok Ajmera has been reappointed as Managing Director for three years from April 1, 2026, to March 31, 2029, with detailed remuneration terms approved by the Board. The company operates in stock broking, corporate advisory, merchant banking, and depository services, backed by a strong promoter holding of 65.84%. FY 2024-25 reported consolidated revenue of ₹1680.89 lakh with a net profit of ₹57.36 lakh, down from the previous year. The company issued 10 lakh convertible warrants on a preferential basis, with proceeds fully utilized. The board comprises experienced executives and independent directors, with ongoing efforts to enhance institutional clientele and technology investments. No dividend is proposed, and the company maintains adequate internal controls and compliance systems.