Annual report for FY 2024-25 is attached
Awaiting price reaction for this filing.
CES Limited submitted its Annual Report for FY 2024-25 along with the Notice of the 40th Annual General Meeting, scheduled for September 30, 2025 at 4:00 PM via video conferencing. On a standalone basis, revenue from operations rose to ₹28,076.59 lakhs (vs ₹22,730.16 lakhs in FY24) and profit after tax grew to ₹938.78 lakhs (vs ₹753.15 lakhs). On a consolidated basis, revenue reached ₹52,212.11 lakhs with PAT of ₹2,952.16 lakhs, compared to ₹46,886.60 lakhs and ₹2,648.11 lakhs respectively in the previous year. The Board did not declare any dividend, citing the company's expansion mode. A significant development is the voluntary delisting of equity shares from BSE, with trading discontinued from September 1, 2025 and removal from exchange records effective September 8, 2025. Promoters have offered an exit option to remaining public shareholders at ₹92.36 per share, valid for one year from the date of delisting.
Existing public shareholders can exit at the fixed price of ₹92.36 per share within a one-year window as the stock is no longer tradable on BSE. While business performance showed healthy revenue and profit growth, the loss of exchange listing removes liquidity and ongoing price discovery for shareholders who do not exit during this period.