Announced Thu, 9 Jul · 17:57 IST
Meyer Apparel 33rd AGM: Revenue Drops Sharply, Loss Narrows
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.1%1-day move
₹1.97
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-4.1+0.5-6.1-10.2-10.2-9.6————
Up moveDown movePending
AI summary
Meyer Apparel held its 33rd AGM on July 9, 2026 via video conferencing. FY26 gross revenue from operations fell sharply to Rs 8.70 lakhs from Rs 120.25 lakhs in FY25. Net loss narrowed to Rs 78.80 lakhs from Rs 106.88 lakhs. No dividend was declared. Shareholders approved 6 resolutions including financial statements, director re-appointments, increase in borrowing limits, inter-corporate loans, and related party transactions.
Likely market impact
Continued weak financials with revenue collapse, though loss narrowed. No dividend. Higher borrowings and related party deals approved.