Submission of Notice of 8th AGM alongwith Annual Report
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Promax Power Ltd has filed the Notice of its 8th Annual General Meeting and the Annual Report for FY 2024-25. The AGM is scheduled for Tuesday, 30th September 2025 at 11:00 AM at the company's registered office in Chandigarh. The ordinary business includes adoption of FY25 audited financial statements and reappointment of Managing Director Mr. Vishal Bhardwaj (who retires by rotation). The special business seeks shareholder approval to appoint M/s Prachi Prajapati & Associates as Secretarial Auditors for a five-year term (FY 2025-26 to 2029-30). The Promoter's message highlights record FY25 performance: operating revenue of Rs 66.4 crore, EBITDA of Rs 5.02 crore, PAT of Rs 2.34 crore (up ~70% YoY), and PAT margins improving to 3.5% from 2.27%. E-voting will be open from 27th to 29th September 2025 with a cut-off date of 23rd September 2025.
This is a routine AGM filing, but it surfaces strong FY25 results (revenue up sharply and PAT nearly doubling) and the promoter's signal of new growth vectors in battery storage, EV charging, and own solar IPP assets. Shareholders should note the cut-off date of 23rd September 2025 for e-voting eligibility and the board changes (new independent director and company secretary appointed during the year).