The Notice of Thirty-Sixth Annual General Meeting and the Annual Report for the Financial Year 2024-25, are attached.
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Awaiting price reaction for this filing.
Lotus Chocolate Company Limited has filed the notice of its 36th Annual General Meeting along with the Annual Report for FY 2024-25. The AGM will be held on Tuesday, September 30, 2025 at 11:00 a.m. (IST) via Video Conferencing / OAVM, with remote e-voting open from September 25–29, 2025. Ordinary business includes adoption of FY25 audited financial statements and re-appointment of Mr. Ketan Mody and Mr. Asim Parekh (both retiring by rotation). Special business includes the appointment of Mr. Natarajan Venkataraman as a Director and as Whole-time Director for a 5-year term effective July 16, 2025, and the appointment of KSR & Co., Company Secretaries, LLP as Secretarial Auditor for five consecutive years (FY2025-26 to FY2029-30). The Chairman's letter highlights revenue growth and a positive bottom line despite global cocoa price volatility, backed by domestic bean sourcing and African bean procurement, with operational upgrades at two processing units and expansion of the consumer-facing chocolate business via partnerships with Reliance Smart Points and Metro Cash & Carry. Statutory auditor is Deloitte Haskins and Sells LLP.
This is largely a routine annual compliance filing with no immediate material price trigger expected from the agenda. The appointment of a Whole-time Director for a 5-year term and the launch of a consumer-facing chocolate strategy point toward management continuity and a shift to higher-margin branded business, which is incrementally positive for long-term shareholders.