Outcome of Board Meeting for approving Notice of 54th AGM and Directors Report for the Financial Year 2024-25
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The Board of Directors of EMA India Ltd met on 5th September 2025 and approved the Directors Report along with the 54th Annual Report for FY 2024-25. The 54th Annual General Meeting is scheduled for 30th September 2025 at 2:30 PM, to be held via video conferencing. The Register of Members and Share Transfer Books will be closed from 23rd September to 30th September 2025, with 22nd September 2025 set as the cut-off date for e-voting eligibility. E-voting will be facilitated by CDSL from 27th-29th September 2025, with Mr. Awashesh Dixit appointed as Scrutinizer. The Board also approved Mr. Awashesh Dixit's appointment as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval. Key financial highlights show the company had zero revenue from operations, total income of just Rs. 0.06 lakhs, and a loss before tax of Rs. 61.77 lakhs (worsening from Rs. 51.54 lakhs loss in FY24). The company has shut down manufacturing activities, is preparing accounts on a non-going concern basis, and has taken loans from Director Ms. Rakshita Bhargava to meet day-to-day expenses. No dividend has been recommended.
This is largely a procedural filing related to the upcoming AGM with no positive catalysts. Shareholders should note the company's continued financial distress - widening losses, no operations, and a non-going concern basis. The 54th AGM will seek approval for re-appointment of Ms. Rakshita Bhargava and appointment of the new Secretarial Auditor. Investors with shares as of 22nd September 2025 will be eligible to vote electronically.