BSEAnirit Ventures LtdLowNeutral
Announced Tue, 2 Sept · 19:23 IST

Annual Report Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Financial Year 2024-25.

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AI summary

Anirit Ventures Ltd (formerly Flora Textiles Ltd, BSE: 530705) has submitted its 32nd Annual Report for FY 2024-25 along with the AGM notice, filed under SEBI Regulation 34. The 32nd AGM will be held on September 25, 2025 at 11:00 a.m. via video conferencing. A major change happened in September 2024 when Oilmax Energy Private Limited acquired a majority stake, leading to the company's renaming from Flora Textiles to Anirit Ventures in December 2024, with a new focus on agri-business, agritourism, green technology, and carbon capture. Revenue from operations for the year stood at Rs 9.63 lakh, and cash and cash equivalents at Rs 14.34 lakh. The notice seeks member approval to adopt FY25 audited financials, re-appoint director Rohit Agarwal, appoint M/s SGCO & Co. LLP as statutory auditor for 5 years, and appoint M/s Dipesh Gosar & Co. as secretarial auditor for 5 years.

Likely market impact

This is a routine annual report and AGM notice filing, but it signals a significant strategic pivot from textiles to agri and green technology businesses under new promoter Oilmax Energy. Shareholders should watch for the voting outcomes on auditor appointments and the company's future business direction.