Annual General Meeting on 29/08/2025
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KK Shah Hospitals Ltd (BSE SME, Scrip Code: 544013) has scheduled its 3rd Annual General Meeting for Friday, 29th August 2025 at 11:00 AM at its registered office in Ratlam, Madhya Pradesh, along with the submission of its Annual Report for FY 2024-25. Revenue from operations grew about 31% to Rs. 899.86 lakhs (from Rs. 687.85 lakhs in FY23-24), but the company swung to a loss with a Profit After Tax of minus Rs. 32.72 lakhs compared to a profit of Rs. 60.72 lakhs in the previous year. The Board has decided not to declare any dividend for FY 2024-25, citing the loss. Key business items at the AGM include adoption of accounts, re-appointment of Mrs. Hansa Shah (Executive Director, holding 19.44% stake) as a rotating director, appointment of M/s Dilip Swarnkar & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to 2029-30), and a special resolution seeking shareholder approval for paying directors' remuneration beyond the statutory 11% of net profits limit.
Shareholders should note the sharp swing from profit to loss despite revenue growth, driven by a sharp rise in total expenses (Rs. 988.04 lakhs vs Rs. 665.98 lakhs), which led to a skipped dividend for FY 2024-25. The special resolution to approve higher director remuneration in a loss-making year is a watch-item for voting shareholders.