Anjani Portland Cement Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2025
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Anjani Portland Cement has notified exchanges that its 41st Annual General Meeting will be held on Thursday, September 25, 2025 at 11:30 AM via Video Conferencing, along with the Annual Report for FY 2024-25. The AGM notice includes ordinary business items such as adoption of audited standalone and consolidated financial statements and re-appointment of Mr. Gopal Perumal as director. Special business includes ratification of cost auditors' remuneration (₹2.25 lakh), appointment of M/s. D. Hanumanta Raju & Co. as Secretarial Auditors for five years, and approval for material related party transactions of up to ₹200 crore with Chettinad Cement Corporation (holding company), ₹400 crore with Bhavya Cements (subsidiary), and ₹75 crore with Chettinad Minerals and Logistics. The enclosed Annual Report reveals weak FY25 performance with standalone net loss of ₹3,482 lakhs and consolidated net loss of ₹8,122 lakhs, against prior year losses of ₹1,171 lakhs and ₹3,932 lakhs respectively. Cement production declined to 7.05 lakh MT (from 8.51 lakh MT) and capacity utilization fell to 61%, with no dividend declared. Consolidated debt-to-equity ratio worsened to 2.17 from 1.45, and book value per share dropped to ₹73.
Shareholders will be asked to vote on significant related party transactions worth up to ₹675 crore with the promoter-group entities, reflecting deep operational and financial linkages with Chettinad group companies. The widening losses, falling production, absence of dividend, and rising leverage point to continued stress that may weigh on the stock in the near term.