The 63rd Annual general Meeting of the Company is scheduled to be held on Tuesday 10th June, 2025 at 12.15 p.m. through Video Conference/ other Audio Visual Means. The said Annual Report ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jayshree Chemicals Ltd has filed the notice of its 63rd Annual General Meeting scheduled for Tuesday, 10th June 2025 at 12:15 PM via Video Conferencing, along with the Annual Report for FY 2024-2025. E-voting will be open from 7th June to 9th June 2025, with a cut-off date of 3rd June 2025. The AGM includes ordinary business of adopting FY25 financials, re-appointment of Shri Virendraa Bangur as Director (retiring by rotation), appointment of Shri Arun Kumar Jaiswal as Secretarial Auditor for FY 2025-26 to 2029-30, and a special resolution to sell the company's Wind Mill at Coimbatore (1.25 MW, Suzlon S66) to M/s Vaishnav Wind Infra Pvt. Ltd. on a slump sale basis for Rs. 2.76 crore. Revenue from operations rose to Rs. 1,688.61 lakhs (vs Rs. 1,281.39 lakhs prior year), but the company slipped to a net loss of Rs. 26.61 lakhs versus a prior-year profit of Rs. 350.36 lakhs. The Wind Mill contributed 96% of turnover and 27% of net worth during the year.
Shareholders should note the proposed slump sale of the Coimbatore Wind Mill, which is a major revenue contributor (96% of turnover), and may want to evaluate the Rs. 2.76 crore consideration. The swing from profit to loss despite higher revenue is a concern, and the re-appointment of the promoter-affiliated director Virendraa Bangur is also on the agenda.