Scan Projects Ltd — Dividend/Bonus, 03-07-2025: Corp. Action

Scan Projects Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company’s 33rd Annual General Meeting will transact business including adoption of audited financial statements, re-appointment of director Prakriti Chandra, appointment of auditors, re-appointment of Managing Director Sunil Chandra for a five-year term, approval of material related party transactions, and appointment of Deepak Sharma as an Independent Director.

Operationally, the company reported revenue growth to Rs.1193.97 lakh from Rs.798.81 lakh, driven by increased sales volume and strong performance in Northern and North-Eastern India. Profit after tax rose to Rs.58.51 lakh from Rs.5.56 lakh, supported by expansion in erection, commissioning, supervision services and trading activities.

No dividend has been declared. The company holds sufficient orders for execution across India, with a focus on core sectors like cement, fertilizers, and renewable power. Capital structure remains stable with no new equity issued. Related party transactions, primarily with associate concerns, continue at arm’s length in the ordinary course of business.

The internal financial controls have been evaluated as effective, and the statutory auditors have issued an unqualified opinion. The company also followers rigorous corporate governance protocols and maintains a prudent risk management and compliance framework. The Board affirms its commitment to growth, innovation, and enhancing shareholder value.