Annual Report for the Financial Year 2024-25
Awaiting price reaction for this filing.
Pioneer Agro Extracts Limited filed its 33rd Annual Report for FY 2024-25, with the AGM scheduled for September 27, 2025. Revenue from operations stood at ₹103.39 lakhs, marginally down from ₹103.94 lakhs in FY 2023-24, while other income was ₹42.52 lakhs. The AGM notice seeks approval for re-appointment of Managing Director Mr. Jagat Mohan Aggarwal (retiring by rotation) and appointment of Ms. Ritu Sharma as a new Independent Director for a 5-year term from October 1, 2025, replacing Mrs. Neeraj P. Sharma whose two-term tenure ends September 30, 2025. M/s Karan Khurana & Associates is proposed as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) at remuneration up to ₹30,000 per year. Statutory Auditor remains M/s Piyush Mahajan & Associates. Full balance sheet, P&L, and cash flow statements are part of the report.
The marginal revenue dip of about 0.5% signals flat-to-weak top-line performance versus last year, though other income provides some support. Board changes are routine — a replacement independent director and a new secretarial auditor appointment — and should not materially affect shareholders. No major red flags appear in the available excerpts, but investors should review the full audited financials (especially PAT, margins, and cash flows) once accessed.