Hind Commerce Limited Announces Key Board Appointments and AGM Schedule
Hind Commerce Limited has made key announcements following its Board meeting on August 7, 2025. Mrs. Archna Maheshwari has been appointed as an Additional Director, and Mr. Umesh Lahoti as Managing Director, both for 5-year terms. Mrs. Sonam Jain has been appointed as Secretarial Auditor for five years. The company's 40th AGM is scheduled for September 24, 2025. Q1 FY2025-26 results show revenue from operations increased by 40.86% to ₹51.23 lakh, but net profit decreased by 44.43% to ₹11.32 lakh compared to Q1 FY2024-25.
*this image is generated using AI for illustrative purposes only.
Hind Commerce Limited has made significant announcements following its Board of Directors meeting held on August 7, 2025. The company has approved several key decisions, including new appointments and the schedule for its upcoming Annual General Meeting (AGM).
Board Appointments
The Board has appointed Mrs. Archna Maheshwari as an Additional Director (Non-Executive, Independent) for a term of 5 years, effective August 7, 2025. Mrs. Maheshwari brings 18 years of rich experience in Company Law, Securities Laws, and Legal Due Diligence for companies involved in IPOs, joint ventures, foreign collaborations, mergers and acquisitions, and capital market transactions.
In a significant move, Mr. Umesh Lahoti has been appointed as the Managing Director for a 5-year term, also effective from August 7, 2025. Mr. Lahoti, a Commerce graduate, has over 36 years of experience in yarn and clothing trading, as well as expertise in construction, textile, spinning, and cotton yarn exports. He currently oversees the day-to-day operations and management of the company and serves on the boards of various public and private limited companies.
Both appointments are subject to shareholder approval at the upcoming AGM.
Secretarial Auditor Appointment
Mrs. Sonam Jain, a practicing Company Secretary, has been appointed as the Secretarial Auditor for a term of five years, spanning from the Financial Year 2025-26 to 2029-30. Mrs. Jain, operating from Mira Road, Thane, brings extensive experience in secretarial audits, compliance management, and corporate law advisory.
Financial Results and AGM Details
The Board has approved the unaudited financial results for the quarter ended June 30, 2025. The company's 40th Annual General Meeting is scheduled for September 24, 2025, at 3:00 p.m. at the company's registered office in Mumbai.
For the AGM proceedings, the Register of Members and Share Transfer Books will be closed from September 18 to September 24, 2025. The cut-off date for remote e-voting has been set as September 17, 2025.
Financial Performance
The unaudited financial results for the quarter ended June 30, 2025, reveal:
| Particulars | Q1 FY2025-26 (₹ in Lakh) | Q1 FY2024-25 (₹ in Lakh) |
|---|---|---|
| Revenue from Operations | 51.23 | 36.37 |
| Other Income | 21.55 | 15.82 |
| Total Income | 72.78 | 52.19 |
| Total Expenses | 57.67 | 25.00 |
| Profit Before Tax | 15.11 | 27.19 |
| Net Profit After Tax | 11.32 | 20.37 |
| Earnings Per Share (Basic) | 0.38 | 0.68 |
| Earnings Per Share (Diluted) | 0.38 | 0.68 |
The company's revenue from operations has shown a significant increase of 40.86% compared to the same quarter in the previous year. However, the net profit after tax has decreased by 44.43%, primarily due to higher expenses in the current quarter.
These announcements reflect Hind Commerce Limited's efforts to strengthen its leadership and governance structure while maintaining transparency with its shareholders. The upcoming AGM will provide an opportunity for shareholders to engage with the management and vote on these key appointments and financial results.
Historical Stock Returns for Hind Commerce
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -100.00% |
18
