First Custodian Fund Reports ₹20.52 Lakh Net Loss in Q1, Declares 10% Dividend
First Custodian Fund (India) Ltd. reported a net loss of ₹20.52 lakh for Q1, compared to a profit of ₹66.22 lakh in the same quarter last year. Total income fell to negative ₹2.12 lakh from ₹95.78 lakh. Despite the downturn, the company approved a 10% final dividend for the previous financial year. The Board re-appointed M/s. P. C. Shah & Co. as Secretarial Auditors. The company's Annual General Meeting is scheduled for September 25.