BSL Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 28, 2025
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BSL Limited has informed the exchanges that its 54th Annual General Meeting (AGM) will be held on Thursday, 28th August 2025, via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The company has also submitted its Annual Report for FY 2024-25, which is available on its website. Key financials for FY25: Turnover stood at ₹667.06 Crore (marginally up from ₹666.45 Crore in FY24), while Profit After Tax declined to ₹8.16 Crore from ₹11.23 Crore, impacted by higher raw material costs and pricing pressure. Exports grew to ₹385.56 Crore from ₹378.35 Crore. The Board has recommended a dividend of ₹0.80 per equity share (8%) on shares of ₹10 face value, absorbing ₹82.33 Lakhs. The company is also undertaking modernization and a 2 MWp solar power project at its Bhilwara plant at a combined cost of ₹25 Crore. Two directors — Shekhar Agarwal and Praveen Kumar Jain — will retire by rotation at the AGM and seek re-appointment.
This is a routine AGM notice with the annual report attached. The mild decline in profit (PAT down ~27% YoY) and flat top-line growth may be viewed negatively by investors, though the dividend declaration and ongoing modernization/sustainability initiatives (63% recycled fiber use, zero liquid discharge) provide some positive signals. No major corporate action is expected to materially move the stock.