In Respect of M/s Pushpsons Industries Limited
Awaiting price reaction for this filing.
Pushpsons Industries Limited has sent out the notice for its 31st Annual General Meeting (AGM) scheduled for Monday, September 29, 2025 at 11:00 AM via Video Conferencing (VC/OAVM). For FY 2024-25, the company reported gross revenue of Rs. 46,506.86 thousand (up from Rs. 41,491.48 thousand in FY24) and a profit of Rs. 4,933.15 thousand (up from Rs. 3,998.02 thousand). Exports on FOB basis stood at Rs. 41,949.01 thousand. No dividend has been recommended due to accumulated losses. Key resolutions include the re-appointment of Mr. Pankaj Jain and Mr. Dhruv Jain (retiring by rotation), appointment of Mr. Sunil Sharma as Non-Executive Independent Director for 5 years, and appointment of Anand Nimesh & Associates as Secretarial Auditor for 5 years. The register of members will be closed from September 23-29, 2025, and e-voting will be open from September 26-28, 2025 with a cut-off date of September 23, 2025.
This is a routine AGM notice filing with no immediate material impact on share price. The improved revenue and profit are mildly positive, but the absence of dividend signals ongoing financial weakness. Shareholders should review the resolutions, particularly the new director and auditor appointments, before the cut-off date of September 23, 2025 to be eligible to vote.