Shivkamal Impex Limited, a company listed on the Bombay Stock Exchange (BSE: 539683), has announced the appointment of Mr. Abhishek Agarwal as an Independent Director for a five-year term. The appointment, approved by shareholders at the company's 40th Annual General Meeting (AGM), will be effective from December 17, 2024, to December 16, 2029.

Key Highlights of the Appointment

• Term: Mr. Agarwal will serve as an Independent Director for five consecutive years.
• Position: Non-executive Independent Director, not liable to retire by rotation.
• Qualifications: FCA, B.Com, and LLB.
• Experience: Over 18 years of post-qualification experience in accounting, audit, and taxation matters.

Appointment Details

The appointment of Mr. Abhishek Agarwal (DIN: 10864559) was formalized at Shivkamal Impex Limited's 40th AGM held on September 20, 2025, at the company's registered office in New Delhi. The company believes that Agarwal's extensive experience will contribute significantly to its business objectives.

Professional Background

Mr. Agarwal brings a wealth of expertise to his new role:

• Educational Qualifications: He holds the Fellow Chartered Accountant (FCA) designation, along with a Bachelor of Commerce (B.Com) degree and a Bachelor of Laws (LLB).
• Professional Experience: With over 18 years of post-qualification experience, Mr. Agarwal has developed deep expertise in accounting, auditing, and taxation matters.

Regulatory Compliance

In compliance with SEBI regulations, Shivkamal Impex Limited has confirmed that Mr. Agarwal is not debarred from holding the office of Independent Director by any SEBI order or any other authority. This appointment aligns with the company's commitment to maintaining strong corporate governance practices.

Company's Perspective

Shivkamal Impex Limited expressed confidence in Mr. Agarwal's appointment, stating that his vast experience will be instrumental in helping the company achieve its business objectives. The company views this addition to its board as a strategic move to enhance its leadership and decision-making capabilities.

The appointment of Mr. Abhishek Agarwal as an Independent Director reflects Shivkamal Impex Limited's focus on strengthening its board with experienced professionals.

Shivkamal Impex Limited, a financial services company, has announced its audited financial results for the quarter and year ended March 31, 2020, showcasing significant growth in profitability and operations.

Annual Performance Highlights

The company reported a substantial increase in its annual profit, which rose by 63% to Rs 20.25 lakhs, up from Rs 12.42 lakhs in the previous year. This growth was accompanied by an improvement in revenue from operations, which increased to Rs 37.47 lakhs from Rs 29.06 lakhs.

Quarterly Results

For the quarter ended March 31, 2020, Shivkamal Impex posted a profit of Rs 7.15 lakhs, more than doubling the Rs 3.07 lakhs reported in the same quarter of the previous year.

Key Financial Metrics

Business Overview

Shivkamal Impex Limited primarily operates in the financial services sector, with interest income serving as its main source of revenue. The company's balance sheet showed positive growth, with total assets increasing to Rs 630.42 lakhs from Rs 599.79 lakhs. Notably, the loans advanced by the company grew to Rs 390.26 lakhs from Rs 331.89 lakhs, indicating an expansion in its lending activities.

Earnings per Share

The company's improved performance is reflected in its earnings per share (EPS), which increased to Rs 2.01 for the full year, up from Rs 1.23 in the previous year, representing a 63% growth in line with the profit increase.

Audit Opinion

It's worth noting that the auditors provided an unmodified opinion on the financial results, which suggests that the financial statements present a fair and accurate view of the company's financial position and performance.

The robust financial results demonstrate Shivkamal Impex Limited's strong performance in the financial year 2020, with significant improvements across key financial metrics.