Surat Trade and Mercantile Ltd — Others, 18-08-2025: Others

Surat Trade and Mercantile will hold its 79th Annual General Meeting via virtual means. The company reported a revenue increase to ₹68.64 Cr for FY25, up from ₹60.56 Cr, primarily from commodity trading. Profit after tax rose to ₹11.66 Cr. Despite market volatility, hedging policies minimized impact, and future investment in high-performance AIFs is planned. The board intends to re-appoint Mr. Alok P. Shah as Managing Director for five years, acknowledging his contribution to new business growth. Shareholder approval is sought for board changes. The company remains debt-free with strong liquidity but decided not to distribute a dividend for the year.