Kindly find enclosed the Annual General Meeting notice for the AGM scheduled to be held on September 26, 2025 and also enclosed Annual report for FY 2025
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Shree Marutinandan Tubes Limited has submitted the notice for its 12th Annual General Meeting scheduled on September 26, 2025 at 11:30 AM via video conferencing, along with its Annual Report for FY 2024-25. The company's revenue from operations rose to Rs. 11,389.70 lakh from Rs. 9,178.11 lakh in FY24, a growth of about 24%, while profit after tax increased to Rs. 280.13 lakh from Rs. 263.07 lakh. The board has not recommended any dividend and there was no change in paid-up share capital of Rs. 3.46 crore (34.60 lakh equity shares). Shareholders approved a preferential allotment of up to 47.57 lakh fully convertible warrants in July 2025. Three resolutions will be tabled: adoption of FY25 financial statements, re-appointment of Managing Director Vikram Shivratan Sharma (who retires by rotation), and approval for related party transactions up to Rs. 50 crore.
Routine AGM filing with no major surprises for shareholders. The strong revenue growth and modest profit improvement suggest stable operations, though the absence of a dividend means investors seeking income will not receive any payout. The related party transaction approval up to Rs. 50 crore is a standard yearly compliance item and not indicative of any specific concern.