Annual Report for the FY 2025 and Notice of AGM
Awaiting price reaction for this filing.
Shri Krishna Prasadam Ltd, a BSE-listed company (Scrip: 537954) whose shares are currently suspended from trading, has filed its Annual Report for FY 2024-25 along with the notice for its 16th AGM on September 26, 2025. The company had zero revenue from operations in both FY25 and FY24, and posted a massive net loss of ₹1,275.41 lakhs in FY25 versus just ₹1.36 lakhs in FY24, translating to an EPS of (₹12.63). Outstanding debt fell sharply from ₹98.74 lakhs to ₹6.47 lakhs. The company went through Corporate Insolvency Resolution Process (CIRP) with NCLT approving its resolution plan in July 2023, and has since implemented share capital restructuring, an exit offer to shareholders, and a preferential allotment of 19,15,000 shares to the resolution applicant (Newage Intermediaries LLP). The 16th AGM will consider appointing M/s Barwal & Associates as new statutory auditors (replacing M/s A K P S & Co. who resigned due to work pre-occupation) and M/s Amit H.V. & Associates as secretarial auditor for 5 years.
This is a deeply negative filing for shareholders — zero revenue, ballooning losses, suspended trading, and a history of insolvency mean the stock remains extremely high-risk. Existing shareholders should note the share capital restructuring has drastically reduced their holdings (1/100th), and an exit offer was made under the resolution plan.