Prudent Corporate Advisory Services Ltd has reported robust Q4 FY2023 results. Revenue grew 16.67% YoY to ₹2,800.00 crore, while net profit increased 16.00% to ₹517.00 crore. EBITDA rose 13.16% to ₹688.00 crore, though EBITDA margin slightly decreased to 24.29%. The company announced a dividend of ₹2.50 per share.
13Mar 25
Prudent Corporate Advisory Services: SEBI Approves Promoter's Rs 33 Crore Share Gift to Employees
Sanjay Shah, promoter of Prudent Corporate Advisory Services, has received SEBI approval to gift 175,000 equity shares worth approximately Rs 33 crore to 650 employees. This gesture marks the company's 25th anniversary. The shares come without retention conditions and recipients are not classified as part of the promoter group. The company will disclose the list of beneficiaries to stock exchanges before executing the share transfer.
12Mar 25
Prudent Corporate Advisory Services: SEBI Approves Promoter's Generous Share Gift to Employees
Prudent Corporate Advisory Services received SEBI approval for promoter Sanjay Shah to gift shares worth ₹33 crore to 650 employees, marking the company's 25th anniversary. The 0.4% stake distribution doesn't require reclassification of recipients as promoters. The company also announced upcoming investor meetings with major mutual funds on March 19, 2025, in Mumbai, emphasizing no disclosure of unpublished price-sensitive information.