33rd Annual Report FY 2024-2025
Awaiting price reaction for this filing.
Aagam Capital Ltd filed its 33rd Annual Report for FY2024-25 along with the notice for its AGM scheduled for September 23, 2025 (via video conferencing). The company reported a net loss of Rs. 12.60 lakhs, wider than the Rs. 10.71 lakh loss in FY2023-24. Total income declined to Rs. 3.21 lakhs from Rs. 3.83 lakhs, while expenses rose to Rs. 15.79 lakhs from Rs. 14.51 lakhs. EPS stood at Rs. (0.25) and no dividend was recommended. Paid-up share capital remained at Rs. 5 crore (50 lakh equity shares of Rs. 10 each). The AGM will consider routine items including reappointment of Mr. Naresh Jain (Non-Executive Director) and Mr. Anil Kothari (Whole-time Director & CFO) for 3 more years, plus the appointment of M/s. Suprabhat & Co as Secretarial Auditor for a 5-year term.
Continued losses that have widened year-on-year, near-zero revenue, and no dividend are negative for shareholders. The 3-year reappointment of the Whole-time Director (who is also CFO) signals management continuity, but there is no concrete turnaround plan disclosed beyond a vague statement about improving performance.