annual report for the FY 2024-2025
Awaiting price reaction for this filing.
Andhra Pradesh Tanneries Ltd has filed its 51st Integrated Annual Report for FY 2024-25 along with the AGM notice. The 51st AGM is scheduled for Monday, September 29, 2025 at 11:00 a.m. in Nellimarla, Vizianagram, with the record date fixed as September 22, 2025 and e-voting window open from September 26–28, 2025. The company reported a net loss of Rs. 27.29 lakhs for FY 2024-25, entirely from administrative expenses, as the plant remains non-operational. No dividend has been recommended, and the Board noted that management is working to revive operations on a going-concern basis. The report also flags compliance issues: listing fees to BSE have not been paid for 2024-25, an Independent Director and the Company Secretary stepped down during the year, and the Secretarial Auditor noted prior-year delays in holding the AGM.
For shareholders, this is a weak set of disclosures — the company continues to post losses with no operations, no dividend, unpaid exchange listing fees (a delisting risk), and pending secretarial audit qualifications. The stock is likely to remain thinly traded and could face regulatory action from BSE over unpaid fees, while revival prospects remain uncertain.