Shivom Investment Consultancy Board Approves Half-Year Results and AGM Plans
Shivom Investment Consultancy Limited's board meeting on December 13, 2025, approved unaudited financial results for H1 FY25 showing total revenue of ₹85.49 lakhs and net profit of ₹55.95 lakhs. The company scheduled its AGM for December 30, 2025, after receiving 95% shareholder consent, while continuing its revival process under new management following CIRP completion. Trading in the company's securities remains suspended by stock exchanges as the new management implements the resolution plan approved by NCLT in August 2025.
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Shivom Investment Consultancy Limited held its board meeting on December 13, 2025, addressing multiple corporate governance matters and financial approvals. The meeting, conducted at the company's corporate office from 1:00 PM to 6:00 PM, covered eleven key agenda items as part of the company's ongoing revival process under new management.
Financial Performance Review
The board approved the unaudited financial results for the half-year ended September 30, 2025, which were subject to limited review by statutory auditors. The company's financial performance for the period shows:
| Financial Metric | H1 FY25 (₹ Lakhs) | Previous Period Comparison |
|---|---|---|
| Total Revenue | 85.49 | 84.68 (previous period) |
| Total Expenses | 48.02 | 60.40 (previous period) |
| Net Profit | 55.95 | 7.34 (previous period) |
| Earnings Per Share (Basic) | 0.09 | 0.01 (previous period) |
The company's balance sheet as of September 30, 2025, reflects total assets and liabilities of ₹8,250.50 lakhs, with equity share capital of ₹6,995.13 lakhs comprising shares with a face value of ₹10 each.
Corporate Governance Decisions
The board addressed several governance matters essential for the company's operational continuity:
- Annual General Meeting: Scheduled for December 30, 2025, following receipt of consent from 95% of shareholders
- Auditor Appointments: Statutory auditors appointed for one year, with scrutinizer and depository arrangements for e-voting at AGM
- Director Regularization: Formalization of directors appointed after CIRP completion
- Corporate Structure Changes: Application for name reservation and alteration in main object clause
Post-CIRP Revival Process
The company is operating under new management following the completion of Corporate Insolvency Resolution Process. Key developments include:
| CIRP Milestone | Details |
|---|---|
| NCLT Admission | February 7, 2024 |
| Resolution Plan Approval | August 18, 2025 |
| Current Status | Going concern under new management |
| Trading Status | Suspended by stock exchanges |
The National Company Law Tribunal, Mumbai, had admitted the CIRP application filed by financial creditors, appointing Mr. Nimai Gautam Shah as Interim Resolution Professional. The resolution plan was subsequently approved by the Committee of Creditors and NCLT.
Regulatory Compliance and Disclosures
The company maintains compliance with SEBI listing regulations despite suspended trading status. The financial results were prepared in accordance with Companies (Indian Accounting Standards) Rules, 2015, and reviewed by the audit committee before board approval.
The new management has implemented the resolution plan and is working toward effective company revival with sufficient resources and fund availability. Previous period financial results, which were pending during the erstwhile management period, have now been prepared and approved under the new management's supervision.
Current Financial Position
The cash flow statement for the six months ended September 30, 2025, shows the company's financial activities across operating, investing, and financing segments. Cash and cash equivalents decreased by ₹38.66 lakhs during the period, with closing balance of ₹0.51 lakhs compared to opening balance of ₹39.17 lakhs.
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