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

Ajcon Global Services Limited has announced a board meeting to consider the financial results for the quarter and half-year ended and other business matters. The 38th Annual General Meeting (AGM) will be held via video conferencing, where members will adopt the standalone and consolidated financial statements for FY 2024-25. 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 specified remuneration terms. The Company reported a standalone net profit of ₹37.40 Lacs and consolidated net profit of ₹57.36 Lacs for FY 2024-25, down from the previous year due to market volatility. No dividend is declared to conserve resources. Convertible warrants issued to the public category raised funds partially received, to be converted into equity within 18 months. The Company maintains strong governance with a diversified board, adequate internal controls, and a focus on compliance. The audited financials show total standalone revenue of ₹1561.27 Lacs and consolidated revenue of ₹1680.89 Lacs. The Company continues operations in stock broking, corporate advisory, merchant banking, and depository services, backed by ISO certification and regulatory registrations.