Intimation of Notice of the 34th Annual General Meeting and Annual Report of the Company for the FY ended March, 2025
Awaiting price reaction for this filing.
N.R. International Limited has filed the notice and annual report for its 34th AGM, scheduled for September 30, 2025 via video conferencing. FY25 financials reveal zero revenue from operations and other income of only ₹7.86 lakh (down from ₹10.21 lakh last year), resulting in a net loss of ₹43.14 lakh and no dividend. The Chairperson's message discloses that trading in the company's shares has been suspended by BSE due to compliance issues, though management claims to have submitted required documents and is working to resume trading. The company has no bank dues and plans to revive revenues through cargo handling, transportation, and entry into the real estate sector. Key agenda items include re-appointment of Sangeeta Modi and appointment of Aman Kumar Singh as Independent Director for 5 years.
The BSE trading suspension combined with zero operational revenue, a net loss, and no dividend presents significant risks for shareholders; investors should monitor progress on trading resumption and the company's pivot into real estate as potential catalysts or further red flags.