Annual general meeting to be held on 30.09.2025 at the registered office of the company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Coral Newsprints Ltd has called its 33rd AGM for 30 September 2025 at 12:00 PM through video conferencing. The annual report reveals a deeply concerning financial position: revenue from operations fell to zero in FY25 (from ₹86.35 lakh in FY24), and the loss before tax widened to ₹86.37 lakh from ₹61.71 lakh. The board has proposed a special resolution seeking shareholder approval to sell or dispose of the company's land, buildings and plant, and management has indicated the existing plant is not viable or environmentally suitable, with plans to diversify products or relocate. No dividend has been declared due to losses, and the promoter holding stands at 22.17% with public shareholders at 77.83%. Book closure is 24-30 September 2025, and e-voting runs from 27-29 September 2025.
Shareholders should note that zero revenue and a special resolution to sell core manufacturing assets suggest the company may be winding down or restructuring significantly. The stock could see heightened volatility around the AGM, and the asset disposal outcome will materially affect the company's future direction and shareholder value.