Pursuant to the Provisions of Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Annual Report together with notice ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nivaka Fashions Ltd (BSE: 542206) submitted its Annual Report for FY 2024-25 along with the notice of its 42nd Annual General Meeting, scheduled for September 29, 2025 at 4:00 PM via video conferencing. The financial results show continued stress, with total revenue falling to Rs. 183.85 lakhs from Rs. 226.07 lakhs in FY24, and the loss after tax widening to Rs. 50.37 lakhs from Rs. 25.63 lakhs. Business at the AGM includes re-appointment of Executive Director Mitesh Thakkar, appointment of M/s Jaymin Modi & Co as Secretarial Auditors for five years (FY26–FY30), and a special resolution to shift the registered office from Kolkata (West Bengal) to Bhiwandi (Maharashtra). The company also noted that Ms. Monika Jain resigned as Company Secretary on July 25, 2025, with Ms. Sanjana Gupta taking over.
Routine regulatory filing, but the deepening losses and declining revenues signal continued operational stress for shareholders. The proposed shift of the registered office to Maharashtra aligns with where the company already operates, which may improve governance and execution but does not address the core profitability issue.