Pursuant to Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Annual Report ....
Awaiting price reaction for this filing.
Oswal Yarns Limited has filed its 43rd Annual Report for FY 2024-25 along with the notice of the 43rd Annual General Meeting (AGM) scheduled for Tuesday, September 30, 2025 at 10:30 AM at Ludhiana. The company reported a net loss of Rs. 12.01 lakh in FY25, widening from Rs. 5.61 lakh in FY24, on a marginal revenue rise to Rs. 1.99 crore (from Rs. 1.94 crore). No dividend has been recommended due to losses. AGM agenda includes adopting the audited financial statements, re-appointing Mr. Kulwant Rai Dhawan (retiring by rotation), and approving the appointment of Mr. Vikas Rai Berry as Secretarial Auditor for a five-year term (FY26 to FY30). The company also continues to explore disposal of its land at Link Road, Industrial Area-A, Ludhiana, as previously cleared by shareholders.
Worsening losses and the absence of a dividend may keep the stock under pressure, while the AGM resolutions on auditor appointment and possible land sale could be mild near-term catalysts for shareholders to watch.