AR FY25
IMPEXFERRO · price
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Impex Ferro Tech Limited has submitted its Annual Report for FY 2024-25 along with the notice for its 30th Annual General Meeting, scheduled for September 26, 2025 via video conferencing. The company is currently under Corporate Insolvency Resolution Process (CIRP), which was initiated on May 2, 2024 by the NCLT Kolkata following a petition by Auroma Coke Limited under Section 9 of the Insolvency and Bankruptcy Code. Mr. Ashok Kumar Sarawagi is serving as the Resolution Professional since July 12, 2024, with the powers of the Board of Directors suspended and vested in him. The AGM's only agenda item is the adoption of the audited financial statements for FY25, with no special business to be conducted.
Shareholders should note that the company remains under insolvency proceedings, which means significant uncertainty around equity value and the future structure of the business. Existing shareholders may face dilution or loss depending on the resolution plan approved by creditors. The stock remains high-risk until a resolution plan is finalized.