Intimation of Annual General Meeting to be held on June 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Classic Electricals Ltd has called its Annual General Meeting for June 30, 2025, with the book closure period set from June 24 to June 30, 2025. The board has approved the audited financial results for Q4 and FY ended March 31, 2025, along with a declaration of an unmodified (clean) audit opinion from statutory auditors ADV & Associates. Other items approved include the reappointment of director Mrs. Julie Mehul Shah (retiring by rotation) and the appointment of D. Kothari & Associates as Secretarial Auditors for a five-year term starting FY26. No dividend has been recommended for FY25. Key financials show the company has zero revenue from operations and reported a net loss for the full year (EPS of -1.00), reversing last year's profit (EPS of 1.33), while operating cash outflows widened to Rs. 143.85 lacs from Rs. 92.06 lacs.
Shareholders should note the company slipped into a loss this year with no dividend and negative operating cash flows, even though the auditor's opinion remains clean. The AGM is largely procedural; the more important thing for investors to watch is the FY25 results and how the company plans to fund operations given rising borrowings.