Notice for annual general meeting
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Kakatiya Textiles Ltd has convened its 43rd Annual General Meeting on September 30, 2025 at 4:00 PM, held through video conferencing (VC/OAVM). The meeting agenda includes adoption of FY25 financial statements, re-appointment of Vanka Raja Kumari as director, and appointment of new statutory auditors M/s. Brahmayya & Co. for a 5-year term replacing outgoing M/s. Chevuturi Associates. Three new directors are being appointed — Ms. Ravali Vanka as Non-Executive Director and Mr. Kosuru Sai Charan Kumar and Mrs. Kalidindi Padmavathi as Independent Directors for 5-year terms. M/s. P.S. Rao & Associates is also being appointed as Secretarial Auditors for 5 years. Key financials show a sharp turnaround with revenue from operations jumping to Rs 3,371.35 lakhs in FY25 from Rs 78.20 lakhs in FY24, and the company swinging to a net profit of Rs 133.52 lakhs from a loss of Rs 147.53 lakhs. No dividend has been recommended due to accumulated losses.
Shareholders should note the significant business turnaround from loss to profit and the major revenue jump in FY25, though no dividend is being declared due to past accumulated losses. Multiple changes to the board of directors and auditor firms indicate governance restructuring at the company.