BSEAdvance Lifestyles LtdMediumNeutral
Announced Mon, 25 Aug · 15:19 IST

Notice of AGM and Annual report of the Company for the Financial Year 2024-2025

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Advance Lifestyles Limited has filed its 36th AGM notice along with the Annual Report for FY 2024-25. The AGM is scheduled for September 18, 2025, at 11:30 AM via video conferencing. The company reported no revenue from operations, with total income of Rs. 44.74 lakh (in thousands), up from Rs. 35.11 lakh in FY24. Post-tax profit rose sharply to Rs. 14.27 lakh from Rs. 2.14 lakh, and EPS improved to Rs. 2.29 from Rs. 0.34. No dividend has been proposed and no capital expenditure was made. The board saw major reshuffling, with Mr. Kashyap Gandhi taking over as Managing Director in January 2025. Shareholders will vote on adopting the financials, re-appointing Ms. Jyoti Bambade, and appointing M/s Pooja Gala & Associates as Secretarial Auditor for a 5-year term at fees up to Rs. 1.25 lakh plus taxes.

Likely market impact

Profit growth looks strong on paper but stems from finance-related income rather than any active business, since the company has no operating revenue. With no dividend and no real business activity, this filing is largely procedural and unlikely to move the stock on its own.