Pursuant to Regulations 30 & 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR") please find enclosed herewith Notice and Annual report of the ....
Awaiting price reaction for this filing.
CMI Ltd has filed the notice for its 58th Annual General Meeting scheduled for Friday, 26th December 2025 at 1:00 p.m. via video conferencing, along with the Annual Report for FY 2024-25. Remote e-voting will be open from 23rd December (9:00 a.m.) to 25th December 2025 (5:00 p.m.) for shareholders on the cut-off date of 19th December 2025. The company's FY25 revenue nearly doubled to Rs. 57.46 crores from Rs. 29.08 crores in FY24, but it posted a net loss of Rs. 11.03 crores, widening from Rs. 8.33 crores the previous year, with EPS at -Rs. 6.88. The company continues to operate under the Corporate Insolvency Resolution Process (CIRP) initiated on 28th July 2023 by Canara Bank, with Mr. Deepak Maini serving as Resolution Professional and the Board's powers suspended. Net worth remains negative at -Rs. 52.06 crores, though it has improved substantially from -Rs. 142.79 crores in FY24.
Shareholders should note that the company remains under IBC insolvency proceedings, meaning voting on resolutions and any revival plan by creditors will be critical. The strong revenue growth is a positive operational signal, but continued losses and negative net worth reflect ongoing financial stress despite CIRP. The e-voting window gives shareholders a chance to weigh in on AGM resolutions before 25th December 2025.