Annual Reports

	FOR THE YEAR 2023-24	FOR THE YEAR 2022-23	FOR THE YEAR 2021-22	FOR THE YEAR 2020-21	FOR THE YEAR 2019-20
SHARE CAPITAL	3,96,79,200	3,96,79,200	3,96,79,200	3,96,79,200	3,96,79,200
NET WORTH	47,46,40,000	58,21,49,000	41,82,38,000	55,25,23,000	49,21,10,266
REVENUE	1,38,83,000	3,21,11,000	7,81,000	9,44,000	39,23,274
PROFIT/(LOSS) BEFORE TAX(PBT)	(7,54,80,000)	(40,25,000)	(3,79,67,000)	(3,77,11,000)	(8,19,43,317)
PROFIT/(LOSS) AFTER TAX(PAT)	(7,44,79,000)	(48,37,000)	(3,79,27,000)	(3,82,87,000)	(8,13,68,488)
EARNINGS PER SHARE(EPS)	(18.77)	(1.22)	(9.56)	(9.65)	(20.51)
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Update PAN, KYC, and Nomination

SEBI in its circular no. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2021/655 dated 3rd November, 2021, made it mandatory to furnish PAN, KYC, NOMINATION and BANK ACCOUNT details by all the shareholders holding shares in physical mode with the Company. The folios wherein any of the above details are not available on or after April 01, 2023, shall be frozen. Forms to update such details are available under Download section.

Shareholders holding shares in physical mode are requested to ensure that their PAN is linked to Aadhar by 31st March 2022 or any other date as specified by CBDT to avoid freezing of shares.

Dematerialization of Shares

The Securities and Exchange Board of India vide amendment to Regulation 40 of SEBI (Listing Obligations and Disclosure requirements) Regulation, 2015 dated 8^th June, 2018, mandated transfer of securities in dematerialize form only w.e.f. December 5, 2018. i.e. no transfer of securities shall be allowed in physical form after 5^th December, 2018.

Hence, the shareholders are requested to demate their shares with their Depository Participant before 5^th December, 2018 or otherwise they may lose their right to transfer shares after said date.

Merger Updates

Amalgamation of Surcot Trading Pvt. Ltd. and Umiya Real Estate Pvt. Ltd. with Stanrose Mafatalal Investments and Finance Limited:

As reported last year, the Company, has received a No-Objection Certificate from BSE Limited/SEBI on 14^th November, 2018. In response to the application filed by the Company with the NCLT-Ahmedabad Bench for convening the meeting of the Equity Shareholders and waiving of meeting of creditors as there were none, NCLT-Ahmedabad Bench vide its order dated 16^th January, 2019 had approved convening of the meeting of the equity Shareholders on 22^nd February, 2019 and waiving the meeting of the Creditors.

During the year, the Company had obtained approval from the Shareholders in the NCLT Convened Meeting, Registrar of Companies, Regional Director and Official Liquidator. The Company had filed Petition with the NCLT-Ahmedabad Bench and after various hearings the NCLT – Ahmedabad Bench had approved the Scheme of Amalgamation on 17th July, 2019 subject to the approval of NCLT-Chennai Bench where the Transferor Company, Umiya Real Estate Private Limited had filed the petition.The Order from NCLT – Chennai Bench is awaited.

Dividend Declared

The Board of Directors at their Meeting held on 29th June, 2020 recommended Dividend of Rs.6/- per share (60%) for the financial year 2019-20 for the approval of the shareholders at the Annual General Meeting dated 29th August, 2020. The shareholders approved the dividend and it will be paid from 9th September, 2020.

Update PAN, KYC, and Nomination

Dematerialization of Shares

Merger Updates

Dividend Declared

Make Nomination

R & T Agent