Remsons Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 19, 2025
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Remsons Industries has informed the exchanges about its 53rd Annual General Meeting scheduled for Friday, September 19, 2025, at 11:30 AM (IST), to be held via video conferencing without physical presence of members. Along with the AGM notice, the company submitted its Annual Report for the financial year ended March 31, 2025, under SEBI Listing Regulations. The annual report highlights record-high revenue of ₹377 crores, with EBITDA of ₹37.4 crores (up 20% year-on-year, 10% margin) and Profit After Tax of ₹14.4 crores (4% margin). Key strategic moves include acquiring a 51% stake in Astro Motors (commercial EV segment), 51% in BEE Lighting (UK), and securing a ₹300 crore order from a North American OEM for control cables over seven years. The company has set a revenue target of ₹900-1,000 crore by FY28, backed by a capex plan of approximately ₹100 crore over the next three years focused on EV-compatible products and global expansion.
While the filing itself is procedural (AGM notice), the attached annual report showcases record financial performance and ambitious growth plans, including entry into the EV ecosystem and a major international order, which are positive indicators for long-term shareholder value.