Prataap Snacks Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 06, 2025
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Awaiting price reaction for this filing.
Prataap Snacks Limited has informed the exchanges about its 16th AGM scheduled for Wednesday, August 6, 2025 at 4:00 PM, to be held via video conference. Along with the AGM notice, the company has submitted its Annual Report for FY25. For the fiscal year ending March 31, 2025, the company reported revenue of ₹1,70,770 Lakh, up 6% from ₹1,61,793 Lakh in FY24, with operating EBITDA of ₹4,869 Lakh. The company reported a net loss of ₹1,404 Lakh, largely due to an exceptional loss of ₹3,433.53 Lakh from a fire at its Jammu facility. The Board has recommended a dividend of ₹0.50 per share (10% on face value of ₹5). The company maintained its leadership in the Extruded Namkeen and Rings categories and saw a major ownership change with Peak XV Partners selling its 47% stake to Authum Investment & Infrastructure and Ms. Mahi Madhusudan Kela.
The filing is a routine regulatory submission of AGM notice and annual report. While the 6% revenue growth is positive, the net loss driven by the Jammu fire incident and margin pressures may concern investors. The modest dividend and continued market leadership in core categories provide some reassurance, but profitability recovery will be key to watch.