Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the Company for the financial ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Amraworld Agrico Ltd filed its 33rd Annual Report for FY 2024-25 with BSE, along with the notice of AGM scheduled for September 23, 2025. The company reported that it did not generate any revenue from operations during the year due to sluggish market conditions, but earned a small net profit of Rs. 25.50 lakh from other income after meeting fixed expenses. The company stated it has no significant business activity and did not carry out any business during the year. No dividend was declared due to accumulated carried-forward losses. Paid-up share capital remains unchanged at Rs. 12.03 crore (12.03 crore equity shares of Rs. 1 each). Shareholder approvals are being sought for reappointment of statutory auditors (M/s Bipin & Co. for 5 years till 2030), appointment of Mr. Steven Hines as Whole-time Director & CFO at nil remuneration, and enhancement of borrowing and investment limits to Rs. 100 crore each.
For shareholders, this filing is largely procedural but reveals a company with no operating revenue and only marginal profit from other income, indicating business inactivity. The proposals to substantially raise borrowing and investment limits to Rs 100 crore each may signal plans for future expansion or restructuring, but also raise questions about the company's strategic direction given its current dormant state.