Annual report for the Financial year 2024-25
Awaiting price reaction for this filing.
Oscar Global Limited has submitted its Annual Report for FY 2024-25 and the notice for its 34th AGM scheduled for September 18, 2025. The company reported total income of Rs. 15.51 Lakhs, down 20.29% from Rs. 22.25 Lakhs in FY24, with zero revenue from operations. Net loss widened to Rs. 21.06 Lakhs from Rs. 7.45 Lakhs in the previous year, and EPS stood at Rs. (0.64) versus Rs. (0.23). The company had shut down its leather garments manufacturing and export business due to a global shift in demand from leather to synthetic leather, and has sold off its plant, machinery, and buildings. No dividend was declared, and the equity shares have been delisted from the Calcutta Stock Exchange effective January 2, 2025. The AGM will also seek shareholder approval for the re-appointment of Mr. Pawan Chadha as Whole-time Director for three years without remuneration.
This filing confirms the company is in a dormant/non-operational phase with widening losses and no revenue-generating activities, which is negative for shareholders. The AGM notice itself is a routine compliance disclosure and unlikely to move the stock, but the ongoing losses and lack of a clear revival plan remain concerns for investors.