Advik Capital Ltd — Updates, 25-07-2025: Company Update

Advik Capital has submitted a revised 39th Annual Report for FY2023-24 to correct an inadvertent typographical error in asset and liability figures. The company reported a standalone profit of Rs 4.04 crore on a turnover of Rs 27.46 crore, and consolidated profit of Rs 6.36 crore on Rs 839.59 crore turnover. A Rs 50 crore rights issue was completed. Auditors noted Rs 99.83 crore in loans lacked security and a Rs 25.33 crore investment was revalued to Rs 12.31 crore. An acquisition plan for Industrial Investment Trust Limited was terminated due to regulatory issues.