Intimation of Notice of 38th Annual General Meeting.
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Prima Agro Limited has notified the 38th Annual General Meeting scheduled for Monday, 15th September 2025 at 12:30 PM (IST) at The Renai Cochin, Palarivattom, Cochin. The cut-off date for shareholder eligibility is 9th September 2025, and remote e-voting via NSDL will be open from 12th September (9:00 AM) to 14th September (5:00 PM) 2025. The company's FY 2024-25 financial results show revenue from operations declined to Rs. 101.09 million from Rs. 124.79 million in FY 2023-24, with the company slipping into a net loss of Rs. 4.52 million versus a profit of Rs. 7.19 million previously, due to elevated input costs and subdued demand. Key items to be approved at the AGM include extending preference share redemption from April 2026 to April 2033, raising the related-party loan threshold from Rs. 5 crore to Rs. 11 crore, and re-appointment of Mr. Kushagra Gupta. No dividend has been recommended for the year.
Shareholders should note the loss-making year (EPS of -2.02) and absence of dividend, though management is banking on a turnaround strategy involving cost optimization. The AGM items include preference share redemption extension and a higher related-party loan limit, both requiring shareholder votes, which could be points to watch for retail investors.