Pursuant to Regulations 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the 32nd Annual Report of the Company. The copy ....
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Shri Keshav Cements and Infra Ltd submitted its 32nd Annual Report for FY 2024-25 to BSE as required under SEBI LODR Regulation 34. The 32nd AGM is scheduled for 30th September 2025. The company reported a loss during FY 2024-25, which triggered Section II of Schedule V (inadequate profit) limits for director remuneration. Three promoter-family directors — Venkatesh Katwa (Chairman), Vilas Katwa (MD), and Deepak Katwa (CFO) — had their pay raised from Rs. 1 lakh to Rs. 3 lakh per month, requiring shareholder approval as it exceeded SEBI LODR thresholds. Operationally, the company added 3 MWp solar capacity to reach 40 MWp total and lifted cement capacity to 1 million tonnes annually. The board is also seeking approval to widen the company's object clause to include fuel stations, biofuels, and EV charging stations.
The reported FY25 loss is a red flag for shareholders, and the higher director remuneration despite the loss could draw criticism from minority investors. On the positive side, capacity expansion in cement and solar signals growth intent, while the broader object clause hints at future diversification into fuel and energy segments.