KREBSBIOBSEKREBS BIOCHEMICALS & INDMediumNeutral
Announced Fri, 4 Sept · 14:59 IST

34th AGM on Sep 29, 2026; seeks nod for Rs 120 Cr Ipca Labs related party deals

Board & Shareholder Meetings View source PDFExplain this filing

KREBSBIO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Krebs Biochemicals sent the 34th AGM notice for Sep 29, 2026 via video conferencing. Agenda covers adoption of FY26 financials, re-appointment of two directors, related party deals with promoter Ipca Labs up to Rs 120 Crore annually, and cost auditor pay ratification. E-voting runs Sep 25-28. FY26 total income fell to Rs 25.76 Cr (from Rs 44.02 Cr); net loss narrowed to Rs 16.93 Cr (from Rs 26.94 Cr). Net worth remains deeply negative.

Likely market impact

Loss-making firm in its 5th straight year of losses; seeks Rs 120 Cr related party deal approval with promoter Ipca Labs. Net worth fully eroded.