Annual Report for the Financial Year 2024-25
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Franklin Industries Limited (BSE: 540190) has submitted its 43rd Annual Report for FY 2024-25 along with the notice of its 43rd Annual General Meeting, scheduled for Saturday, 27th September 2025 at 2:30 PM via video conferencing. Ordinary business includes adoption of FY25 audited financials, re-appointment of Non-Executive Director Mr. Ashishkumar Kapadiya (DIN: 10212557) via rotation, and appointment of M/s S S R V & Associates as Statutory Auditor for a 4-year term (FY26 to FY29). Special business includes appointment of M/s Dhruvi Patel & Associates as Secretarial Auditor for 5 years (FY26 to FY30). The company is also seeking shareholder approval for a borrowing limit of up to Rs. 500 Crores under Section 180(1)(c), powers under Section 180(1)(a) and Section 186 up to Rs. 500 Crores each for loans, guarantees and investments, and approval under Section 185 to advance loans to directors up to Rs. 500 Crores.
The proposed Rs. 500 Crore borrowing and investment ceiling is materially large for this small-cap company and may indicate plans for significant expansion, acquisitions, or capital deployment. Shareholders should review the FY25 financials within the annual report and watch how this enlarged debt and investment authority is used going forward, as it could affect leverage and shareholder dilution risk.