BSEBinny Mills LtdLowNeutral
Announced Thu, 7 Aug · 14:29 IST

Shareholder Meeting dated 29th August 2025 at 3.00 p.m. IST

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Binny Mills Limited has called its 18th AGM on Friday, 29th August 2025 at 3:00 PM via Video Conferencing (deemed venue: Chennai registered office). The agenda includes adopting FY 2024-25 audited financial statements, re-appointing V.R. Venkataachalam as Director (retiring by rotation), and appointing M/s. Elangovan & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). Remote e-voting runs from 26th to 28th August 2025, with the cut-off date being 22nd August 2025. The FY 2024-25 numbers show revenue from operations of Rs. 632.18 lakhs (down from Rs. 697.42 lakhs) and a net loss of Rs. 1,270.55 lakhs, a slight improvement from Rs. 1,450.12 lakhs loss in FY24. The textiles division's sales fell 45% while warehousing rentals grew nearly 4% and showrooms grew about 12%.

Likely market impact

This is a routine AGM intimation with no dividend, fundraising, or major corporate action proposed. Continued losses and the sharp textiles division decline remain concerns for shareholders, but the bottom line narrowed modestly year-on-year.