Abirami Financial Services (India) News

Abirami Financial Services Board Approves Quarterly Results and Key Appointments

Abirami Financial Services (India) Limited held a board meeting to approve unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a net profit of Rs 14.70 lakhs for the quarter compared to Rs 12.78 lakhs in the previous quarter. Total income stood at Rs 34.38 lakhs with total expenses of Rs 15.33 lakhs. The board appointed Mrs. Chitra Sivaramakrishnan as Nodal Officer under IEPF rules and took note of audit committee reports, internal audit reports, and statutory auditor's limited review report. The company's paid-up equity share capital remains at Rs 540 lakhs with earnings per share of Rs 0.27 for the quarter.

Abirami Financial Services Reports Quarterly Results; AMI Concludes ADVAIT 6.0 Trade Show

Abirami Financial Services (India) Limited published its unaudited financial results for the quarter ended June 30, 2025, in English and Tamil newspapers. The company reported income from operations and other income, along with various expenses including employee costs, finance costs, and depreciation. Meanwhile, Apparel Manufacturer of India (AMI) successfully concluded its sixth edition of flagship B2B trade show ADVAIT 6.0 at RK Convention Centre in Chennai. The three-day event attracted nearly 3,000 visitors including retailers, traders, and industry professionals, with record-breaking bookings and substantial bulk orders from domestic buyers and international retailers from Sri Lanka, Malaysia, Singapore, and Mauritius.

Abirami Financial Services Board Approves Expansion into Real Estate and Construction Activities

The Board of Directors of Abirami Financial Services (India) Limited approved alterations to the company's main object activities by adding three new object clauses to the Memorandum of Association. The new clauses expand the company's scope to include land development, township development, satellite town promotion, housing colony development, and real estate dealing activities. The company will also undertake construction and maintenance of various properties including residential houses, buildings, offices, factories, and other landed properties. Additionally, the expansion includes ancillary business activities leveraging emerging technologies such as artificial intelligence, automation, and digital platforms to enhance operational efficiency and customer satisfaction. These alterations are subject to shareholder approval.