Stellant Securities Appoints New Independent Director, Re-appoints Whole-time Director, and Approves Bonus Share Issue
Stellant Securities (India) Limited has approved significant changes to its board and a bonus share issuance. Mr. Jaydeep Pandya will be appointed as an Independent Director for a five-year term starting July 31, 2025, while Mrs. Mangala Rathod has been re-appointed as Whole-time Director for three years from August 14, 2025. The company approved a 4:1 bonus share issue, increasing its paid-up equity share capital from Rs. 74.05 lakh to Rs. 370.24 lakh. For Q1 2025, the company reported revenue of Rs. 232.00 crore and net profit of Rs. 169.58 crore. The Board also approved applying for NBFC registration and making changes to the company's Memorandum and Articles of Association.
Stellant Securities Ltd (SSL) reported robust Q1 financial results with revenue at Rs. 232.00 lakhs and net profit at Rs. 169.58 lakhs. The company announced a 4:1 bonus share issue, with up to 29,61,920 new equity shares to be issued. SSL also plans to apply for NBFC registration to expand its financial services offerings. Corporate governance updates include amendments to align with the Companies Act, 2013.
25Jul 25
Stellant Securities to Consider Quarterly Results, Bonus Shares, and NBFC License Application
Stellant Securities (India) Ltd has scheduled a board meeting for July 31, 2025. The agenda includes approving Q2 2025 financial results, considering bonus share issuance, and discussing application for an NBFC license. The meeting, confirmed by Wholetime Director Mangala Rathod, follows earlier intimations made on July 2 and July 10, 2025.