Submission of the Annual Report of the company for the FY 2024 - 25.
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Awaiting price reaction for this filing.
Kizi Apparels Limited, a women's apparel company listed on BSE SME since August 2024, submitted its Annual Report for FY 2024-25 along with the Notice of its 3rd Annual General Meeting scheduled for Saturday, 13th September 2025 at 3:00 PM via video conferencing. The company reported strong revenue growth of 30.44% to Rs. 2,643.31 Lakhs (from Rs. 2,026.51 Lakhs in FY 2023-24), with net profit rising to Rs. 85.86 Lakhs from Rs. 71.86 Lakhs. No dividend has been recommended for the year. Key business items in the AGM include a proposed increase in authorized share capital from Rs. 8 Crore to Rs. 25 Crore, re-appointment of Executive Director Ms. Kiran Nathani, appointment of a new Secretarial Auditor, and approval of material related party transactions with Aaika Retail Private Limited (sales up to Rs. 5,000 Lakhs and purchases up to Rs. 1,000 Lakhs for FY 2025-26). The report also highlights new strategic partnerships with Myntra and AJIO online marketplaces to expand the digital footprint.
This is primarily a routine regulatory filing, but it signals positive business momentum with 30%+ revenue growth and rising profits. The proposed authorized capital increase suggests potential future fundraising or expansion plans, while the large related party transactions with Aaika Retail (where directors are interested) warrant shareholder attention. No dividend declaration may be a mild negative for income-seeking investors, but the growth trajectory and e-commerce partnerships point to a scaling-up phase.