Business
CHELLARAMS : YEAR END - FINANCIAL STATEMENT FOR 2025
CHELLARAMS : YEAR END - FINANCIAL STATEMENT FOR
About this update from Chellarams Plc
[{"type":"text","content":"\n \n CHELLARAMS PLC - RC 639\n \n \n \n QUARTERLY FINANCIAL STATEMENTS FOR THE PERIOD\n \n \n \n ENDING 31 MARCH, 2025\n \n \n \n CONTENTS\n \n \n Compliance Certification 3 - 4\n \n \n Security Trending Policy 5\n \n \n Shareholding Structure 6\n \n \n Compliance 7 - 8\n \n \n Consolidated Statement of Comprehensive Income 9\n \n \n Consolidated Statement of financial Position 10\n \n \n Statement of Cash flows 11\n \n \n Statement of Changes in Equity 12 - 13\n \n \n Summary 14\n \n \n Notes to the Financial Statements 15 - 33\n \n \n SECURITIES TRADING POLICY\n \n \n The Company has securities trading policy applicable and circulated to directors, insiders, external advisers and all employees that may at any time possess any inside or material information about our company.\n \n \n The Company has adopted a code of conduct regarding securities transaction by the directors on terms no less exacting than the required standard set out in the Listing Rules of the Nigerian Stock Exchange.\n \n \n The Company made specific enquiry of all directors whether they have complied with the required standard set out in the listing rules and the Company's code of conduct regarding securities transactions by directors and the company is unaware of any non‐compliance.\n \n \n \n DIRECTORS' SHAREHOLDING\n \n \n The Directors' interest in the issued share capital of the Company as recorded in the Register of Members for the purposes of Section 301 and 302 of the Companies and Allied Matters Act, 2020 and the listing requirements of the Nigerian Exchange Ltd (NGX) for the period under review are as follows:\n \n Names of Directors\n \n \n Direct Holding as at March 31, 2025\n \n \n Indirect Holding as at March 31, 2025\n \n \n % Holding as at March 31,\n \n \n 2025 (Direct)\n \n \n % Holding as at March 31,\n \n \n 2025 (Indirect)\n \n \n Chief S. M. Chellaram\n \n \n -\n \n \n 289,170,000\n \n \n -\n \n \n 40%\n \n \n \n Mr. A. S. Chellaram\n \n \n -\n \n \n 118,571,292\n \n \n -\n \n \n 16.40%\n \n \n \n Asiwaju S. K. Onafowokan\n \n \n 2,762,012\n \n \n 17,121,688\n \n \n 0.38%\n \n \n 2.37%\n \n Asiwaju S. K. Onafowokan represents the interest of Eskay Investment Limited\n \n \n Chief S. M. Chellaram represents the interest of Chellsons (Bermuda) Limited\n \n \n Mr. A. S. Chellaram represents the interest of Westfield Consultants Limited\n ...