Submission of Annual Report for the Financial Year 2024-25.
Awaiting price reaction for this filing.
Bharati Defence and Infrastructure Ltd has filed its 48th Annual Report for FY 2024-25 and the AGM notice with BSE and NSE. The 48th AGM is scheduled for September 30, 2025, at 11:00 a.m. via video conferencing. This is the company's first AGM in 8 years, following the closure of its liquidation process in January 2025 after being acquired as a going concern by Hind Simulation Training Private Limited. The company reported a net profit of Rs 1,428.58 lakhs for FY25, a sharp turnaround from a net loss of Rs 2,52,210.25 lakhs in FY24, on total income of Rs 2,520.97 lakhs (down from Rs 18,145.47 lakhs). The board has not recommended any dividend and is undergoing capital reduction/restructuring per the NCLT order dated April 29, 2024. The company's securities remain suspended from trading on the exchanges.
For shareholders, this filing confirms the company's revival after insolvency and its first AGM in 8 years under new promoters, with a return to profitability. However, operations have not yet restarted, securities trading remains suspended, and capital restructuring is ongoing — so existing shareholders should note potential dilution risk while awaiting the new management's revival plan.