Submission of 30 th annual report
Awaiting price reaction for this filing.
Prabhav Industries Limited has submitted its 30th Annual Report along with the notice for its Annual General Meeting (AGM) scheduled for September 30, 2025 at 12:30 PM at its registered office in Surat, Gujarat. For FY 2024-25, total income stood at Rs. 13.54 Lakhs, down from Rs. 18.26 Lakhs in the previous year, while loss after tax widened to Rs. 44.25 Lakhs from Rs. 16.02 Lakhs. The board has recommended re-appointment of statutory auditors M/s K.S. Subrahmanyam & Co for a second term of five years and has not declared any dividend. The Secretarial Audit Report flags several compliance lapses including unpaid BSE listing fees, pending penalties, and the company's securities being placed under 'Stage 3' of BSE's GSM Framework since August 2023 due to non-adherence to SEBI regulations. Management attributes these issues to financial difficulties and has committed to improving compliance going forward.
The widening losses and ongoing compliance issues, including unpaid listing fees and Stage 3 GSM Framework classification, signal continued financial distress and weak governance, which may keep the stock under pressure and raise concerns among shareholders. No dividend has been declared, offering no cash return to investors this year.