Stellant Securities (India) Ltd — Updates, 31-07-2025: Company Update
31-07-2025 | 06:12 pm
31-07-2025 | 06:12 pm
Stellant Securities (India) Limited's board has approved its Q1 financial results, reporting a net profit of 1.70 Cr on revenue of 2.32 Cr. The company's board also approved a bonus share issue in a 4:1 ratio (four new shares for every one held), which is subject to shareholder approval. This will expand the paid-up capital from 0.74 Cr to 3.70 Cr, utilizing existing free reserves of 3.00 Cr. Additionally, the board greenlit an application for NBFC registration and related changes to its Memorandum of Association, indicating a strategic expansion into diversified financial services, pending necessary approvals.
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