Pursuant to Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Notice convening the Annual ....
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Kusam Electrical Industries Ltd has sent out the Notice for its 42nd Annual General Meeting (AGM) scheduled on Friday, 26th September 2025 at 11:00 a.m. at the registered office in Wadala, Mumbai, along with the Annual Report for FY 2024-25. The company reported strong financial growth, with gross income rising to ₹10.10 crore from ₹7.18 crore (up ~41%) and net profit after tax jumping to ₹30.52 lakh from ₹8.67 lakh (up ~252%) year-on-year, with EPS improving to ₹12.72 from ₹3.61. Key business items include appointment of M/s. Chhajed & Doshi as Statutory Auditor for 5 years, re-appointment of Mr. Navin Chandmal Goliya as Whole Time Director for 5 years at a monthly salary of ₹3,15,000, appointment of Mrs. Milli Navin Goliya as Non-Executive Director for 5 years, and CS Nishi Jain as Secretarial Auditor for 5 years. The board has not recommended any dividend to conserve funds for operations.
For shareholders, the AGM brings several governance items including director re-appointments and auditor changes, but no dividend has been declared. The strong profit growth (~3.5x YoY) and improved EPS are positive signals for the stock, though the small share base (2.4 lakh shares) means even modest earnings translate to significant per-share growth.