Annual Report for the financial year 2024-25
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dhanalaxmi Roto Spinners Ltd filed its 38th Annual Report for FY 2024-25 along with the AGM notice. The company reported total revenue of Rs. 19,241.08 Lakhs and Profit After Tax of Rs. 854.02 Lakhs, with EPS of Rs. 10.95. During the year, the company issued bonus shares in a 1:1 ratio. The 38th AGM is scheduled for September 19, 2025 at 11:30 AM via video conferencing. Key agenda items include declaration of a dividend of Rs. 1.50 per share (15%), re-appointment of three whole-time directors (Narayan Inani, Anirudh Inani, and Keshav Inani) each with a monthly remuneration of Rs. 6,00,000, approval of related party transactions, appointment of a new secretarial auditor for 5 years, and alteration of the company's main objects to include real estate, construction, and solar/renewable energy businesses.
Positive for shareholders: the 1:1 bonus issue and Rs. 1.50 dividend signal strong shareholder returns and confidence in profitability. However, the proposed diversification into real estate and solar energy represents a significant strategic shift from the existing wood pulp and paper trading business, which shareholders will need to evaluate carefully.