We are hereby submitting the Revised Annual Report for the FY 2024-25.
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Covidh Technologies Limited has filed its Revised Annual Report for FY 2024-25. The company reported revenue from operations of Rs. 26.52 lakhs against nil in the previous year, as it was under the Corporate Insolvency Resolution Process (CIRP) for the prior two years. Profit before tax stood at Rs. 13.90 lakhs compared with a loss of Rs. 9.89 lakhs in FY23-24, but profit after tax remained negative at Rs. (11.81) lakhs, widening from a loss of Rs. (9.89) lakhs last year. The Notice of AGM includes several governance items: appointment of new Statutory Auditors M/s. G M K S & Co following the resignation of M/s. V Ravi & Co, regularization of two directors, elevation of Jayshree Suresh Jain as Managing Director, and a proposal to shift the registered office from Hyderabad (Telangana) to Pune (Maharashtra). The 33rd AGM is scheduled for August 26, 2025 via video conferencing.
Shareholders should note the continued net loss despite revenue restarting, the widening of bottom-line losses, and a mid-year change of statutory auditor, which together with the revised nature of the report and prior CIRP history point to fragile financial health and governance changes worth close attention.