BAJAJINDEFBSEIndef Manufacturing LtdLowNeutral
Announced Sun, 27 Jul · 20:40 IST

Intimation and Corrigendum to the Notice of 3rd Annual General Meeting (AGM) and Annual Report for F.Y. 2024-25. Changes are made on Page no. 2,5 and 13 of Notice of AGM and on page no. ....

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indef Manufacturing has issued a corrigendum fixing errors in its 3rd AGM notice and FY25 annual report. The company had left out the name of its wholly owned subsidiary, Consolidated Swift Industries Limited (incorporated on September 6, 2024), from the Board's Report, and had also omitted Form AOC-1 from the printed annual report — both have now been added. Additionally, the appointment of the Secretarial Auditor (M/s. S N Ananthasubramanian & Co. for a 5-year term from April 2025 to March 2030, at Rs. 4 lakh per year plus taxes) was wrongly listed under Ordinary Business instead of Special Business, which has now been corrected. The company has clarified that these omissions have no impact on the FY25 financial statements. The 3rd AGM is scheduled for August 12, 2025, at 4:30 PM via video conferencing. Key FY25 numbers from the annual report include Net Sales of Rs. 176.7 crore, Profit After Tax of Rs. 34.2 crore (up 26% from Rs. 27.1 crore last year), and a proposed dividend of Rs. 2 per share.

Likely market impact

This is a housekeeping correction with no change to financials or key resolutions — shareholders can vote on the unchanged agenda at the upcoming AGM. The strong profit growth and dividend declaration remain intact.