Notice of Annual General Meeting for financial year 2024-25 to be held on 19th September, 2024-25
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Dhanalaxmi Roto Spinners has called its 38th AGM on Friday, 19th September 2025 at 11:30 AM via video conferencing. The company reported FY2024-25 total revenue of Rs. 19,241.08 lakhs, profit after tax of Rs. 854.02 lakhs, and EPS of Rs. 10.95, and already executed a 1:1 bonus issue during the year. Shareholders will vote on adopting the FY25 audited results, declaring a dividend of Rs. 1.50 per share (15%) on the Rs. 10 face value, re-appointing three directors (Narayan Inani, Anirudh Inani, and Keshav Inani) for three-year terms at Rs. 6 lakh per month each, approving related party transactions, and appointing a new secretarial auditor for five years. A key resolution seeks to expand the company's main objects to add real estate, property leasing, and renewable energy/solar power businesses — a significant diversification beyond its current wood pulp and paper trading operations.
The proposed entry into real estate and solar energy marks a notable strategic shift for a company historically focused on pulp and paper trading, which could reshape investor perception of its growth story. Meanwhile, the healthy dividend, bonus issue, and stable director re-appointments signal continuity and shareholder-friendly management, though remuneration hikes and related-party transactions may draw investor attention at the voting stage.