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Awaiting price reaction for this filing.
Expo Engineering And Projects Ltd (formerly Expo Gas Containers Limited) has filed its 42nd Annual Report for FY 2024-25 with BSE. The company has changed its name to Expo Engineering And Projects Limited effective July 21, 2025, reflecting its broader engineering and EPC focus. For FY25, revenue grew 52% to ₹114.74 Cr from ₹75.70 Cr, while profit after tax surged to ₹3.18 Cr from ₹0.76 Cr. EBITDA rose to ₹8.48 Cr and the order book stood at ₹104.76 Cr, with storage tanks contributing 76% of revenue. The 42nd AGM is scheduled for September 29, 2025 via video conferencing. The Notice also seeks shareholder approval to re-appoint Managing Director Mr. Hasanain Mewawala for five years with an increased remuneration of ₹30 lakh (up from ₹12 lakh), and to appoint M/s ND & Associates as Secretarial Auditor for five years.
This is a routine annual report filing, but it highlights strong growth with revenue up 52% and a more than four-fold jump in profit, alongside debt reduction (D/E falling from 1.93 to 0.98). Shareholders should note the MD remuneration hike and the re-appointment proposals to be voted on at the upcoming AGM.