This is to inform that the 31st annual General Meeting (AGM) of the members of the company will be held on Tuesday, 30th September 2025 at 4:00 a.m. (1st) through Video Conference (VC) ....
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Shree Metalloys Limited has announced its 31st AGM to be held on Tuesday, September 30, 2025 at 4:00 p.m. IST via Video Conferencing. For FY2024-25, total revenue from operations rose to Rs. 104.19 crore from Rs. 94.54 crore in FY2023-24, a ~10% increase. Profit after tax more than doubled to Rs. 1.28 crore from Rs. 50.64 lakh. The board has not recommended any dividend, choosing to conserve resources. Key agenda items include adopting the FY25 audited financial statements, re-appointing Radheshyam L. Kabra (Director retiring by rotation), appointing Sangita Shingi as Women Independent Director for 5 years, and approving related party transactions up to Rs. 50 crore each with Shree Extrusions Limited and Metal Alloys Corporation, plus Rs. 1 crore rent with Pratik Kabra. Remote e-voting via NSDL opens on September 27 and closes on September 29, 2025.
PAT growth of ~152% year-on-year and double-digit revenue growth signal improved operational performance. No dividend means no near-term income for shareholders. The substantial related party transaction approvals may concern minority shareholders due to potential conflict of interest with promoter-linked entities.