NOTICE OF 30th AGM TO BE HELD ON TUESDAY, 30TH SEPTEMBER 2025
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Mount Housing and Infrastructure Limited has called its 30th AGM on Tuesday, September 30, 2025 at 11:00 AM at its registered office in Coimbatore. The two ordinary business items are: (1) adoption of audited standalone financial statements for FY ended March 31, 2025, and (2) reappointment of Mr. Ramesh Chand Bafna (DIN: 02483312), Managing Director, who retires by rotation. The financial highlights reveal serious trouble — revenue from operations dropped to zero in FY25 from Rs. 201.62 lakhs in FY24, and the company swung to a net loss of Rs. 85.92 lakhs compared to a profit of Rs. 8.08 lakhs the previous year. Management says the company has completed its existing projects but could not launch new ones due to tough real estate conditions, with new project launches planned for the coming year. E-voting facility via CDSL is open from September 27–29, 2025, with September 23, 2025 as the cut-off date.
This is a routine AGM notice, but the embedded financials are a red flag — zero operating revenue and a net loss signal weak business momentum and raise concerns about the company's near-term outlook. Shareholders should watch for new project launches and any management commentary on revival plans, as further losses could weigh on the stock.