Outcome of the 18th Annual General Meeting held on Wednesday July 16, 2025 at 11.30 A.M.
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S V Global Mill Limited held its 18th AGM on July 16, 2025, via video conferencing from 11:30 AM to 12:10 PM. Shareholders approved the audited standalone and consolidated financial statements for FY 2024-25, re-appointed Smt. S. Valli (DIN: 00468218) as a Non-Executive Director (retiring by rotation), and appointed M/s. M K Madhavan and Associates as Secretarial Auditors for a 5-year term covering FY 2025-26 to FY 2029-30. On a standalone basis, the company reported a net loss of Rs. 31.70 lakhs for FY 2024-25 (vs Rs. 5.04 lakhs loss last year), with revenue from operations rising to Rs. 147.69 lakhs from Rs. 123.59 lakhs. On a consolidated basis, profit after tax stood at Rs. 29.77 lakhs (down from Rs. 56.05 lakhs). No dividend was proposed for FY 2024-25, though the subsidiary SV Global Finance declared a 4% interim dividend of Rs. 52 lakhs.
The AGM outcome is largely procedural with no major surprises. The standalone loss has widened, and the absence of a dividend may be a mild negative for income-focused shareholders. Director re-appointment and the new 5-year secretarial auditor appointment are routine corporate actions with limited direct impact on stock price.