Stellant Securities (India) Ltd — Board Meeting, 31-07-2025: Board Meeting
31-07-2025 | 06:07 pm
31-07-2025 | 06:07 pm
Stellant Securities' board has approved its audited financial results for the quarter ended June 30, reporting a net profit of Rs. 1.69 Cr and revenue from operations of Rs. 2.32 Cr. The company has also declared a bonus issue of 4 equity shares for every 1 share held, to be funded from free reserves. This corporate action will result in the issuance of up to 29.62 lakh new equity shares. Critically, the board approved plans to apply for Non-Banking Financial Company (NBFC) registration, aiming to diversify into lending, financing, leasing, and investment activities, pending shareholder approval. This marks a notable strategic pivot for the company.
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