Shervani Industrial Syndicate Ltd — Important, 03-09-2025: Company Update
Shervani Industrial Syndicate reported a full-year revenue of Rs 48.68 Cr and profit after tax of Rs 4.45 Cr. The Board has proposed a 30% dividend. Operational highlights include steady progress on 'Victory Towers', successful sale deed completion for 'The Crescent', and commencement of hospital construction with plans to expand to 100 beds. The company is also launching an eco-conscious Holiday Resort. Directors Mr. Mustafa Rashid Shervani, Mr. Saleem Iqbal Shervani, Mr. Sadiq Husain Siddiqui, and Ms. Aradhika Chopra are up for re-appointment, with Dr. Tarana Husain Khan joining as a new Independent Director. Shareholders will also vote on enhancing borrowing powers and asset-backed security creation up to Rs 300 Cr to support business expansion.
