Notice and annual report of 40th AGM is enclosed
Awaiting price reaction for this filing.
CES Limited has sent out the notice for its 40th Annual General Meeting scheduled for September 30, 2025 at 4:00 PM, to be held via video conferencing. The AGM agenda includes adopting audited standalone and consolidated financial statements for FY 2024-25, re-appointing Mr. Sai Krishna Kancharla as a director (retiring by rotation), and appointing Mr. Vijaya Kumar Kesuboyina as an Independent Director for a 5-year term (subject to shareholder approval via special resolution). On the financial side, standalone revenue grew to ₹28,076.59 lakhs (from ₹22,730.16 lakhs) and standalone profit after tax rose to ₹938.78 lakhs (from ₹753.15 lakhs). Consolidated revenue increased to ₹52,212.11 lakhs and consolidated PAT to ₹2,952.16 lakhs, with basic EPS at ₹8.11. No dividend has been declared as the company is in expansion mode.
Routine AGM filing with healthy revenue and profit growth on both standalone and consolidated bases. Shareholders should note the appointment of a new Independent Director and the resolution to adopt FY25 accounts. No direct stock price impact expected as the company is already voluntarily delisted from BSE (effective September 8, 2025), with promoters offering an exit price of ₹92.36 per share to remaining public shareholders.