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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ampvolts Ltd has filed its Annual Report for FY 2024-25 along with the notice of its 26th Annual General Meeting, scheduled for September 12, 2025 at 3:00 PM via video conferencing. The company's total income nearly tripled to Rs 297.71 lakhs from Rs 106.20 lakhs in FY24, and it swung to a profit after tax of Rs 46.28 lakhs versus a loss of Rs 210.17 lakhs in the previous year. No dividend has been recommended due to inadequate profits. Key AGM agenda items include re-appointment of Executive Director Naimish Raval, appointment of Mehul Bambhroliya as Secretarial Auditor for five years (FY2025-26 to FY2029-30), and shareholder approval for related party transactions up to Rs 80 crore with AV AC DC Renew Private Limited and Rs 35 crore with System Level Solutions (India) Private Limited. The company is positioning itself in EV charging infrastructure, shifting from a Charge Point Operator to a broader Green mobility solution provider focused on B2B long-term contracts.
The swing to profitability after significant prior-year losses is a positive signal for shareholders, though the absence of a dividend suggests earnings are being retained for growth. The sizable related party transaction limits (Rs 80 crore and Rs 35 crore) are worth scrutiny as the related entities are connected to the promoter and Managing Director, which minority shareholders should evaluate before voting.