Shanti Overseas (India) Limited
Incorporated in 2011, Shanti Overseas India Ltd is in the business of processing and trading of agri commodities and manufacturing of Soya Products
What Shanti files
- Others60
- Board Meeting11
- Important10
- Results6
- Insider Trade2
The board approved the financial results for the quarter and half-year. Consolidated revenue surged to ₹8.43 Cr for the half-year, turning a ₹0.88 Cr loss into a ₹0.04 Cr profit year-over-year. Key government schemes were completed, with deferred grants fully recognized, impacting the P&L.
Shanti Overseas announced its 14th Annual General Meeting (AGM) will be held virtually. The Annual Report for FY2024-25 is accessible via web-link. Physical shareholders must update KYC details to receive payments electronically.
Shanti Overseas' Board discussed a regulatory fine (Rs. 0.0755 Cr) for not having a Company Secretary. Citing candidate scarcity & limited capital, the company has paid the penalty and is actively recruiting to strengthen compliance.
Shareholders approved reclassification of individuals including Ayush Kacholia and Mukesh Kacholia family from Promoter to Public category. These members, holding minimal shares (Karuna Kacholia 330 shares), will no longer be reported as part of the promoter group, formally adjusting public shareholding.
Shanti Overseas secured NSE approval to reclassify seven shareholders, including the Kacholia family, from promoter to public. This reclassification boosts public float, a key development for the company's shareholding structure.