Notice of the 47th AGM and Annual Report for the FY 2024-25
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Kartik Investments Trust Limited has filed the notice for its 47th AGM scheduled on August 5, 2025 at 5:00 PM in Chennai, along with the annual report for FY 2024-25. The company reported a wider loss of Rs. 2.58 lakhs in FY25 compared to Rs. 0.56 lakhs loss in FY24, on income that fell to Rs. 5.93 lakhs from Rs. 7.43 lakhs. Total comprehensive income turned negative at Rs. (27.31) lakhs against Rs. 46.58 lakhs last year, largely due to a Rs. 24.73 lakh loss in other comprehensive income, likely from mark-to-market of its investments. No dividend has been recommended due to losses. The business to be transacted includes adoption of audited financial statements and appointment of Mr. Jeeva Balakrishnan as a Non-Executive Non-Independent Director, replacing Mr. R Chandrasekar who resigned in May 2025. E-voting will be facilitated by KFin Technologies from August 2 to August 4, 2025.
Shareholders should note that the company posted a second consecutive year of losses and a significant negative swing in comprehensive income due to investment valuation, which has shrunk net worth from Rs. 447.17 lakhs to Rs. 419.86 lakhs. No dividend is on the table, and the only voting item beyond routine accounts is a board-level director change. For retail investors, this AGM is largely procedural with no major strategic announcements expected.