Suratwwala Business Group schedules 18th AGM, declares dividend despite revenue drop

Suratwwala Business Group Limited announced its 18th Annual General Meeting (AGM) will be held on Tuesday, September 30, 2025, at 3:00 p.m. IST via video conferencing. Key agenda items include the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, and the re-appointment of Jatin Dhansukhlal Suratwala as director. A dividend of ₹0.10 (10%) per equity share for FY2024-25 will be declared, with payment by October 30, 2025, to eligible shareholders registered by September 12, 2025.

The company reported a standalone revenue of ₹3,224.01 lakh for FY2024-25, a decrease from ₹7,197.72 lakh in FY2023-24, with a profit after tax (PAT) of ₹1,073.81 lakh. Consolidated revenue for the same period was ₹3,732.24 lakh, down from ₹7,261.38 lakh, with a consolidated PAT of ₹1,103.61 lakh. The remote e-voting period for the AGM will commence on Saturday, September 27, 2025, at 09:00 a.m. IST and conclude on Monday, September 29, 2025, at 05:00 p.m. IST, with the cut-off date for voting eligibility set at September 23, 2025.