ALPHA TRIBE

Dharani Finance LtdOthers, 26-08-2025: AGM/EGM

26-08-2025 | 05:52 pm

Dharani Finance Limited announced its 35th Annual General Meeting on September 24, to be held via video conference. Shareholders will consider and adopt the annual financial results for FY25 and re-appoint a director. The company reported a strong financial turnaround, with annual revenue rising to 1.42 Cr from 0.79 Cr, and swinging to a profit of 0.84 Cr after a previous year's loss. No dividend was declared to conserve cash. Auditors issued a qualified opinion, highlighting an unrecovered 2.00 Cr inter-corporate deposit that raises concerns about the company's going concern status due to RBI's net owned fund criteria, though management expects full recovery. The company also aims to expand financial services.

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