Submission of Annual Report for F.Y. 2024-25
Awaiting price reaction for this filing.
Aditya Forge Limited submitted its 32nd Annual Report for FY 2024-25 to BSE under SEBI LODR Regulation 34. The 32nd Annual General Meeting is scheduled for Tuesday, September 30, 2025 at 1:00 P.M. IST at the registered office in Vadodara, Gujarat. Shareholders will consider adopting the audited financial statements for FY ended March 31, 2025, re-appoint Ms. Priyanka Sharma as Non-executive Director (retiring by rotation), and approve two special resolutions. The first special resolution seeks re-appointment of Mr. Nitin Rasiklal Parekh as Managing Director for five years effective September 03, 2025. The second special resolution proposes a major alteration of the Main Object Clause (III-A) of the Memorandum of Association, expanding the company's permitted business into construction, real estate development, infrastructure projects (roads, highways, bridges, airports, ports), manufacturing of cement, bricks, tiles, building materials, and related activities. The cut-off date for e-voting eligibility is September 23, 2025, with remote e-voting via NSDL from September 27 to September 29, 2025.
The proposed alteration of the Main Object Clause signals a significant strategic pivot — potentially expanding from forging into construction, real estate, and infrastructure businesses — which shareholders should evaluate carefully before approving. Re-appointment of the promoter-MD for five years ensures leadership continuity, and the AGM presents an opportunity to review the company's FY25 financial performance in detail.