31st Annual Report for the Financial Year 2024-25.
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Prima Industries Ltd has filed its 31st Annual Report for FY 2024-25 along with the AGM notice. The 31st AGM is scheduled for Monday, 15th September 2025 at 11:00 AM at The Renai Cochin, Palarivattom, Cochin, with the record date fixed as 9th September 2025. The company, which operates in solvent extraction, edible oil refining, and cattle feed manufacturing (capacities of 300 TPD, 200 TPD, and 100 TPD respectively), reported a decline in turnover to Rs. 75.48 Million from Rs. 79.37 Million in the previous year. It swung from a net profit of Rs. 4.54 Million to a net loss of Rs. 2.96 Million, with EPS turning negative at -0.27. No dividend has been recommended, and the Board is seeking shareholder approval to extend the redemption period of 60 lakh preference shares from 26th March 2026 to 26th March 2033. A new Company Secretary, Ms. Nayana V B, took charge from 1st August 2025.
Shareholders will see a weaker financial year with the company reporting a loss and skipping dividends, which may weigh on sentiment. Investors should track the AGM agenda items, especially the preference share redemption extension, as it impacts future cash outflows.