Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company has filed its Annual Report for FY 2024-25 along with the notice for its 15th Annual General Meeting, scheduled for Friday, 26 September 2025 at 3:00 PM at the registered office in Kolkata. Total income rose to Rs. 24.40 crore from Rs. 21.33 crore in FY 2023-24, but net profit after tax fell sharply to Rs. 27.84 lakh from Rs. 62.08 lakh, with EPS at Rs. 0.01. No dividend has been recommended. Key items at the AGM include re-appointment of Wholetime Director Aman Patel, re-appointment of statutory auditor M/s. Bipin & Co. for a five-year term (till 2030), and two special resolutions seeking shareholder approval to raise the borrowing limit and the investment/loans/guarantees limit to Rs. 100 crore each. The company is engaged in production and marketing of hybrid seeds (corn, sunflower, cotton, paddy, grain sorghum).
The notable decline in net profit despite higher revenue is a red flag for shareholders, while the proposed doubling of borrowing and investment capacity to Rs. 100 crore hints at possible expansion or capital deployment plans that shareholders will need to approve. Minor compliance issues flagged by the Secretarial Auditor (irregular publication of notices/results and no internal auditor) are worth noting.