Dear Sir/Madam, We wish to inform that pursuant to Regulation 34(1) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Annual Report of the ....
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Raw Edge Industrial Solutions Ltd has submitted its Annual Report for the financial year 2024-25 to BSE, as required under SEBI Listing Regulations. The 21st Annual General Meeting is scheduled for 29th August 2025 via video conferencing. Key financials show total revenue of ₹4,482.96 Lacs in FY 2024-25, slightly down from ₹4,499.38 Lacs in FY 2023-24. The company reported a net loss of ₹103.91 Lacs (vs ₹58.57 Lacs loss in FY 2023-24), though management attributes the wider net loss to deferred tax adjustments, while loss before tax actually improved from ₹75.41 Lacs to ₹34.84 Lacs. AGM items include adoption of financial statements, appointment of a new secretarial auditor for five years, continuation of MD remuneration, a waiver for recovery of ₹8.44 Lacs excess remuneration paid to the CFO, and a change in the CFO's designation to Whole-time Director with revised pay.
Shareholders will note a second consecutive year of net losses, though the underlying loss before tax has nearly halved, suggesting operational improvement masked by tax adjustments. Minor revenue contraction and the need to seek shareholder waivers for excess managerial remuneration point to ongoing financial stress at the small-cap company.