Announced Fri, 5 Sept · 17:02 IST

43rd Annual report

Board & Shareholder Meetings View source PDF

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AI summary

Kakatiya Textiles Limited has filed its 43rd Annual Report along with the AGM notice for FY 2024-25 with BSE. The 43rd AGM is scheduled for Tuesday, September 30, 2025 at 4:00 PM via video conference. Key financial highlights show a major turnaround: revenue from operations surged to ₹3,371.35 lakhs (from just ₹78.20 lakhs in FY23-24), and the company swung to a net profit of ₹133.52 lakhs compared to a loss of ₹147.53 lakhs in the previous year. No dividend has been recommended due to accumulated losses. The AGM agenda includes re-appointment of Vanka Raja Kumari, appointment of new statutory auditors M/s. Brahmayya & Co. for 5 years (replacing Chevuturi Associates), appointment of Ms. Ravali Vanka as Non-Executive Director, two new Independent Directors (Kosuru Sai Charan Kumar and Kalidindi Padmavathi), and M/s. P.S. Rao & Associates as Secretarial Auditors for 5 years.

Likely market impact

For shareholders, the dramatic revenue jump and return to profitability after a loss year is a notable positive, though the absence of dividend reflects ongoing caution. The auditor change to a larger firm (Brahmayya & Co.) and addition of two new independent directors may strengthen governance. Remote e-voting facility is open from September 27-29, 2025 for shareholders.