Submission of 14th Annual Report for the Financial Year 2024-25
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CDG Petchem Ltd has submitted its 14th Annual Report for FY 2024-25 along with the AGM notice to BSE. The 14th AGM will be held on Monday, 29th September 2025 at 3:00 PM via video conferencing. The company's standalone revenue from operations fell sharply to Rs. 898.73 Lakhs (down 42% from Rs. 1,539.98 Lakhs in FY24), and net loss widened to Rs. 105.75 Lakhs from Rs. 91.64 Lakhs. On a consolidated basis, revenue dropped 43% to Rs. 2,309.97 Lakhs with a net loss of Rs. 115.14 Lakhs. The report also proposes appointing M/s. Rakesh Mehru & Co as new statutory auditors for five years (Rs. 75,000/year) and M/s. Akash & Co as secretarial auditors for five years (Rs. 75,000/year).
Shareholders should note the significant revenue decline and widening losses, which signal continued operational stress. Investors may want to review the annual report for details on the company's turnaround strategy before the AGM. The auditor changes and Managing Director's re-appointment are standard agenda items but worth tracking at the meeting.