SG Finserve Ltd — Board Meeting, 22-07-2025: Board Meeting

SG Finserve's board meeting approved the financial results for the quarter, showing a net profit of ₹24.52 Cr and revenue from operations of ₹67.59 Cr. Subject to shareholder approval, the board proposed S.P. Chopra & Co. as new statutory auditors for three years and re-appointed Ms. Asha Anil Agarwal as an Independent Director for a second five-year term. An Employee Stock Option Plan for up to 2 Crore equity shares was also instituted, to be implemented via market purchases. The company confirmed that ₹50 Cr from NCDs were fully utilized as intended, with a security cover of 1.49x.