Announced Sat, 5 Sept · 22:59 IST

34th AGM notice and FY26 annual report filed; preferential issue on agenda

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Kerala Ayurveda's 34th AGM is set for September 28, 2026 via video conferencing. Notice proposes issuing 7,20,000 equity shares to promoter group entity Katra Holding at Rs 190.37 each (about Rs 13.7 crore), partly adjusting a Rs 26.4 crore unsecured loan. FY26 consolidated revenue rose 19 percent to Rs 145.4 crore but PBT stayed negative at Rs 16.4 crore. Company targets Rs 200 crore revenue and operating break-even by January 2027.

Likely market impact

AGM vote covers director re-appointment and a promoter-group preferential issue that partly converts debt to equity. Revenue grew but losses persist.