BSEBLT Logistics LtdMediumNeutral
Announced Tue, 9 Sept · 22:08 IST

Intimation and Corrigendum in the Annual Report for the Financial Year 2024-25.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BLT Logistics has issued a corrigendum to its FY2024-25 Annual Report to fix two inadvertent omissions — Form AOC-1 (Subsidiary Company disclosure) and Form AOC-2 (Related Party Transactions), which were left out of the original filing. The company clarified these corrections do not affect the audited financial statements. The 14th AGM has been scheduled for September 30, 2025 via video conferencing, with ordinary business items including adoption of audited standalone and consolidated financial statements and reappointment of Mr. Rakesh Kumar (Whole Time Director), who retires by rotation. For FY25, standalone revenue grew to about Rs. 479.24 lakhs from Rs. 397.14 lakhs, with profit after tax rising to Rs. 300.86 lakhs from Rs. 275.98 lakhs; no dividend was declared. The company recently completed its maiden IPO on BSE SME (12.96 lakh shares at Rs. 75), which was subscribed 467.79 times and listed at a 21% premium.

Likely market impact

The corrigendum is administrative and does not alter reported financials, so impact on shareholders is minimal. AGM items are routine and likely to pass without issue. Strong IPO subscription and listing premium signal healthy retail/institutional interest in the stock.