ALPHA TRIBE

Indo Credit Capital LtdOthers, 18-08-2025: Others

18-08-2025 | 06:17 pm

Indo Credit Capital has released its annual report, detailing its financial performance and upcoming shareholder resolutions. The company reported a gross income of approximately 0.13 Cr for the financial year, resulting in a net loss of around 0.05 Cr. This performance is attributed to an economic slowdown, a liquidity crisis, and blocked investments, leading the company to not declare a dividend. Shareholders will vote on adopting the financial statements and the re-appointment of Mr. Ramkaran Saini as a director. The company also plans the appointment of a Secretarial Auditor for five years at a fee of 0.005 Cr annually. Management acknowledges operational challenges but is exploring new business avenues.

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