Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report is being sent electronically to those Members whose e-mail ....
Awaiting price reaction for this filing.
Mackinnon Mackenzie & Co. Ltd. has submitted its 74th Annual Report for FY 2024-25 to BSE, along with the notice for its 74th AGM scheduled for Friday, 26th September 2025 at 3:00 PM via video conferencing. The company reported a net loss of Rs 16.66 lakhs in FY25, narrowed sharply from Rs 30,96,56,000 lakhs in FY24 (which included exceptional items of Rs 30.32 crore); total income fell to Rs 44.83 lakhs from Rs 56.36 lakhs. The company has had no core shipping/logistics operations for several years and earns only rental income, and no dividend has been recommended due to accumulated losses. Notably, trading in the company's equity shares remains suspended on stock exchanges due to non-payment of listing fees and procedural reasons, and shares have not been dematerialised.
Shareholders should note the stock remains suspended from trading and the company continues to report losses with no core business operations, meaning this filing carries no immediate positive catalyst. Investors should attend the virtual AGM on 26 September 2025, with e-voting open from 22–25 September, to vote on the re-appointment of Mrs. Dipali Joshi and the appointment of a new secretarial auditor for five years.