Annual Report for Financial Year 2024-25 along with Notice of AGM
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Seasons Textiles Limited has filed its 39th Annual Report for FY 2024-25 along with the Notice of its 39th Annual General Meeting, which will be held on August 19, 2025 at 12:30 p.m. via video conferencing. The company reported total revenue of Rs. 2,739.81 lakhs (up from Rs. 2,657.15 lakhs last year) but widened its loss after tax to Rs. 33.53 lakhs from a Rs. 21.07 lakh loss in FY24, with EPS at negative Rs. 0.45. Key business at the AGM includes adopting the audited financials, re-appointing Mr. Sumer Singh Wadhwa as a Director (he holds 10,000 equity shares), and appointing M/s. Pramod Kothari & Co. as Secretarial Auditors for a 5-year term from FY 2025-26 to FY 2029-30 at fees up to Rs. 25,000 plus taxes. Book closure is set from August 13 to August 19, 2025, with e-voting window from August 16 to August 18, 2025.
Shareholders will note another year of losses and no return to profitability, though expenses were kept flat and revenue nudged up. The AGM agenda is routine, so no major value-accretive action is expected from this filing.