Pursuant to Regulation 30 & 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III, please find enclosed a copy of the Annual Report for the ....
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Prakash Woollen & Synthetic Mills Ltd has filed its Annual Report for FY2024-25 along with the notice for its 46th Annual General Meeting, scheduled for 30th August 2025 at 12:30 PM. Key AGM business includes adopting audited financials, appointing Mr. R.S. Bhatia as Secretarial Auditor for 5 years (FY2025-26 to FY2029-30) at Rs. 5.50 lakh remuneration, and several director appointments/re-appointments including Mr. Daya Kishan Gupta as Managing Director (Rs. 7 lakh/month) and Mr. Ashish Gupta and Mr. Kapil Gupta as Whole Time Directors (Rs. 5 lakh/month each). The company, a BSE-listed small-cap manufacturer of mink blankets, reported FY25 profit after tax of Rs. 125.65 lakh, up from Rs. 95.97 lakh in FY24, though profit before depreciation swung to a loss of Rs. 396.03 lakh from a profit of Rs. 593.26 lakh, indicating a sharp operating-level decline masked by lower depreciation.
Routine regulatory filing with no immediate material impact on shareholders, though the elevated managerial remuneration and the deterioration in operating profitability despite higher net profit are worth noting. Investors should review the full annual report for the underlying business performance and the rationale for the significant remuneration packages being proposed.