Pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the Company for the financial year ....
Awaiting price reaction for this filing.
Max Earth Resources Limited (formerly Max Alert Systems Limited), listed on the BSE SME platform (Scrip Code 534563), has filed its Annual Report for FY 2024-25 along with the notice for its 22nd AGM scheduled on September 15, 2025 via video conferencing. The company reported a dramatic financial turnaround with revenue from operations jumping from effectively nil (₹0) in FY24 to ₹1,458.72 lakhs in FY25, while Profit After Tax swung from a loss of ₹86.23 lakhs to a profit of ₹324.62 lakhs — a 476.5% improvement. The report also highlights post-NCLT revival activities including change of company name, reconstitution of the Board, repayment of ₹1.04 crore to financial creditors, and a pending 1:10 share capital reduction. Statutory auditor M/s S.C. Mehra & Associates LLP resigned w.e.f. August 4, 2025, and was replaced by M/s Jain Vinay & Associates for a five-year term. No dividend has been recommended as the company focuses on conserving resources for future growth.
For shareholders, this filing shows a company emerging from insolvency with operational restart under new management, though the comparison is against a near-zero base. The auditor change just before the AGM and the pending share capital reduction (1:10) are near-term watch items that could affect shareholding patterns and liquidity.