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Bansisons Tea Industries Ltd has submitted its 38th Annual Report for FY 2024-25 to BSE. The 38th AGM is scheduled for September 29, 2025 at 12:30 PM via video conferencing. Key financial highlights show the company reported zero revenue from operations for both FY25 and FY24, with other income of Rs. 4,800 in FY25. Total expenses were Rs. 11,160 (in hundreds), resulting in a loss before tax of Rs. 6,360 (in hundreds), an improvement from the Rs. 15,940 loss in FY24. No dividend has been recommended. The report also seeks shareholder approval to appoint M/s. D.G.M.S & Co. as Statutory Auditors for a 5-year term (till 2030), filling the casual vacancy caused by the resignation of M/s. A A A M & CO LLP. Mrs. Manjula Poddar has been proposed as Secretarial Auditor for two years from FY 2025-26, and Whole-time Director Mr. Sandeep Agarwal is to be reappointed via retirement by rotation.
The company continues to report losses, though the loss narrowed significantly compared to FY24. Zero operating revenue and no dividend may concern investors, but reduced losses and a stable auditor appointment suggest some operational stabilization. Shareholders should review the financial statements in detail before the AGM.