42nd Annual Report along with Notice of 42nd AGM of the Company to be held on September 29, 2025 at 11.00 AM at the registered office
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Sophia Traexpo Limited submitted its 42nd Annual Report for FY 2024-25 along with the AGM notice to BSE. The 42nd AGM is scheduled for Monday, September 29, 2025, at 11:00 AM at the registered office in Hyderabad. Key agenda items include adoption of financial statements, re-appointment of Mr. Yerrapragada Mallikarjuna Rao as Whole-time Director for 3 years at Rs. 2.4 lakh per annum, appointment of Mr. Nalluri Sai Charan as Executive Director, and appointment of two new Independent Directors. The company disclosed zero revenue for FY 2024-25 with a net loss of Rs. 19.82 lakhs, compared to Rs. 11.71 lakhs loss in FY 2023-24, citing high competition and insufficient funds as reasons. The company also proposes appointing Mrs. N. Vanitha as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30).
This is a routine annual compliance filing, but the continuing zero revenue and widening losses (from ~Rs 11.7 lakhs to ~Rs 19.8 lakhs) signal ongoing operational challenges for shareholders. Investors should review the AGM resolutions carefully, particularly the re-appointment of directors and management's stated plans for cost reduction and new market development.