Pursuant to Regulation 30 & 34 of SEBI (LODR), 2015 regulations, please find enclosed Notice & Annual report of CMI Limited for the FY 2024-25.
Awaiting price reaction for this filing.
CMI Limited has sent out the notice for its 58th Annual General Meeting scheduled for Friday, December 26, 2025, at 1:00 PM via video conferencing, along with the Annual Report for FY 2024-25. The company is currently under the Corporate Insolvency Resolution Process (CIRP) since July 28, 2023, following an NCLT order on a petition by Canara Bank, with Mr. Deepak Maini serving as the Resolution Professional and Board powers suspended. Total revenue for FY25 nearly doubled to Rs. 57.46 crore from Rs. 29.08 crore in FY24, though the company posted a net loss of Rs. 11.03 crore (vs Rs. 8.33 crore loss in FY24), with EPS of Rs. (6.88). Net worth improved significantly to Rs. (52.06) crore from Rs. (142.79) crore. Remote e-voting facility is open from December 23-25, 2025, for shareholders on record as of December 19, 2025.
Investors should note that CMI remains under insolvency resolution with the Board suspended, meaning significant corporate actions await creditor/NCLT approval. While revenues nearly doubled, persistent losses and negative net worth reflect ongoing financial stress, though improved net worth suggests some restructuring progress.