Dear Sir, We are enclosing herewith, Annual Report of 2023-25 of the 44th AGM held on 30.09.2025 We request you to kindly take the above on record. Thanking you, Yours faithfully, For ....
Awaiting price reaction for this filing.
Progrex Ventures Ltd (formerly Progressive Extractions & Exports Ltd) submitted its 44th Annual Report along with the AGM notice to BSE. The 44th AGM is scheduled for Tuesday, September 30, 2025, at 2:30 PM at the registered office in Bhopal. For FY 2024-25, the company reported total income of Rs. 0.90 lakhs (down from Rs. 1.48 lakhs in FY 2023-24) against total expenditure of Rs. 14.81 lakhs, resulting in a net loss of Rs. 14.07 lakhs, widening from Rs. 10.66 lakhs in the previous year. Accumulated losses stood at Rs. 185.49 lakhs. The company's operations remained suspended during the year and it has parted with its plant and machinery, though management expressed hope of reviving trading activities. No dividend was recommended. E-voting facility through NSDL is open from September 26 to September 29, 2025.
The filing is a routine regulatory submission of the annual report, but the financials reveal a worsening loss-making position with suspended operations and no revenue generation, which is a negative signal for shareholders. No immediate stock price catalyst is expected from the announcement itself.