Attached herewith the Annual Report for the Financial Year 2024-2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mahasagar Travels Ltd has submitted its 32nd Annual Report for FY 2024-2025 along with the notice of its 32nd Annual General Meeting, scheduled for Saturday, 20th September 2025 at 11:00 AM at the registered office in Junagadh, Gujarat. The company operates in the tours and travels sector and is gradually replacing its old bus fleet with newer, environment-friendly luxurious AC buses to improve service quality and reduce pollution. Paid-up share capital stands at Rs 7.86 crore divided into 78.63 lakh equity shares of Rs 10 each, with no change in capital structure during the year. The Board has not recommended any dividend due to fund requirements. Key AGM agenda items include re-appointment of Mr. Prakashbhai Kakkad as Executive Director and CFO for a further two years (he will turn 70 during the term), and appointment of CS Kishor Dudhatra as Secretarial Auditor for a five-year period from FY 2025-26 to FY 2029-30.
The filing is procedural and primarily communicates the AGM details. For shareholders, the key items to watch are the re-appointment of the promoter-cum-CFO beyond age 70 (special resolution needed) and the five-year lock-in of the secretarial auditor. Skipping dividend keeps cash within the business for fleet expansion.