Alok Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 04, 2025
ALOKINDS · price
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Alok Industries has filed its 38th Annual Report for FY 2024-25 and notified that its AGM will be held on September 4, 2025 at 4:00 PM via video conferencing. Standalone revenue fell about 33.6% to ₹3,556.59 crore from ₹5,356.35 crore, and consolidated revenue declined to ₹3,708.78 crore. The company reported a standalone loss after tax of ₹768.81 crore (vs ₹813.71 crore loss last year) and a consolidated loss of ₹816.43 crore, with no dividend recommended. The report flags large related party transactions with Reliance Industries (purchases up to ₹5,000 crore and sales up to ₹1,500 crore per year) and Reliance Retail (sales up to ₹900 crore per year). The Board also recommended appointing Chaturvedi & Shah LLP as the new statutory auditor in place of S R B C & CO LLP, alongside changes in CFO and Company Secretary roles.
Another year of heavy losses, sharp revenue decline, and zero dividend underline the company's continued operational weakness, which is negative for shareholders. The deep business linkage with Reliance group entities is a key dependency worth watching. Retail investors should review the annual report and attend or vote at the AGM on September 4, 2025.