Pursuant to the Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the 30th Annual Report ....
Awaiting price reaction for this filing.
Sriven Multi Tech Ltd has submitted its 30th Annual Report for FY 2024-25 to BSE under SEBI LODR Regulation 34, sent to shareholders in electronic mode. The 30th AGM is scheduled for September 30, 2025 at 2:00 PM via video conferencing. The company reported a widened loss — total income rose slightly to Rs. 16.00 lakhs (vs Rs. 10.67 lakhs prior year) but total expenditure surged to Rs. 34.73 lakhs, resulting in a loss after tax of Rs. 18.73 lakhs (vs Rs. 2.38 lakhs loss last year). Management disclosed that the company could not conduct business as its shares remain suspended by the stock exchange for penal reasons, and revival efforts have not succeeded. No dividend was recommended.
Shareholders should note that the company is effectively non-operational and suspended from trading on BSE for penal reasons, with mounting losses and no employees or director remuneration. The AGM agenda includes appointing a new Independent Director and a new Secretarial Auditor for five years, but the company's viability remains uncertain until the suspension is lifted and a sustainable business model is found.