Annual Report and Notice of 31st Annual General Meeting of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indergiri Finance submitted its 31st Annual Report along with the Notice for its Annual General Meeting (AGM) to BSE. The AGM is scheduled for Tuesday, 30th September 2025 at 12:30 PM and will be held via video conferencing. For FY 2024-25, total income nearly tripled to Rs. 236.38 lakhs from Rs. 80.74 lakhs in the previous year, driven by higher interest income from equipment finance. However, the company posted a wider net loss of Rs. 157.28 lakhs compared to a loss of Rs. 64.71 lakhs in FY 2023-24, as expenses jumped sharply to Rs. 445.40 lakhs. Shareholders will vote on adopting the financial statements, re-appointing Executive Director Mr. Mohit Agarwal, and approving the appointment of Mr. Ashok Kumar Agarwal as Independent Director for 5 years.
Strong revenue growth is a positive sign for this small finance company, but widening losses and no dividend may worry investors. The AGM outcomes on director appointments will be routine; the key thing to watch is whether management can turn the rising income into profits.