Annual Report and AGM Notice for FY 2024
Awaiting price reaction for this filing.
Shri Krishna Prasadam Limited has notified its 2023-24 Annual Report and AGM Notice. The AGM is scheduled for Monday, 30th December 2024 at 12:00 PM at the registered office in New Delhi. E-voting will run from 27th to 29th December 2024. The company's total income fell sharply to Rs. 29,481 from Rs. 40,135, while expenses surged to Rs. 1,65,086, pushing it to a net loss of Rs. 1,35,605 (vs. Rs. 1,115 loss last year). No dividend has been declared. Two key resolutions are on the AGM agenda: appointment of M/s. A K P S & Co. as statutory auditors for a 5-year term till 2029, and appointment of Mr. Hitesh Sharma (representative of Newage Intermediaries LLP) as a nominee director. Share capital remains unchanged at Rs. 10.1 crore.
Shareholders should note the steep widening of losses, the NCLT insolvency order referenced in the directors' report, and the appointment of a nominee director — all of which signal stress on the company. AGM voting on auditor and director appointments will shape governance direction going forward.