Annual Report for the Financial Year 2024-2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Choksi Asia Ltd (formerly Choksi Imaging Ltd) filed its 33rd Annual Report for FY 2024-25 and announced its AGM to be held on September 29, 2025 at 11:00 a.m. via video conferencing. The company posted a strong financial turnaround with gross turnover jumping to Rs 36.98 crore (from Rs 15.99 crore in FY24) and profit after tax more than doubling to Rs 3.10 crore (from Rs 1.39 crore); EPS rose to Rs 4.63 from Rs 2.07. No dividend was declared. The AGM notice includes several key resolutions: re-appointment of promoter directors Samir Choksi (Managing Director) and Jay Choksi (Whole-time Director) for three years, appointment of a new Secretarial Auditor, related-party loan transactions of up to Rs 5 crore each with both promoters at 7.45% interest, appointment of Tushar Parikh as Non-Executive Director, and a proposal to shift the registered office from Maharashtra to the Union Territory of Dadra and Nagar Haveli.
The sharp jump in revenue and profits signals a meaningful business recovery for shareholders, though the absence of a dividend means returns remain price-driven. Shareholders will vote on notable items including a registered office shift to a potentially tax-favorable Union Territory and continued promoter-led management, with related-party loan approvals requiring careful attention.