Submission of Intimation of 39th Annual General Meeting of the Company to be held on Monday, 29th September, 2025 At 10.30 a.m At the Registered Office of the Company.
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Supertex Industries Ltd has notified BSE about its 39th Annual General Meeting scheduled for Monday, September 29, 2025 at 10:30 AM, to be held at its registered office in Silvassa, Dadra & Nagar Haveli. The AGM will consider adopting the FY2024-25 audited financial statements and re-appointing Mr. Harshvardhan Mishra (Director, son of CMD) who retires by rotation. Two special business items include ratifying the remuneration of Rs. 55,000 for Cost Auditors M/s V.J. Talati & Co for FY2025-26, and appointing M/s Vikas R Chomal & Associates as Secretarial Auditor for five consecutive years (FY2025-26 to FY2029-30). Financial highlights show turnover declined sharply to Rs. 7,340 lakhs from Rs. 9,048 lakhs, while the company slipped into a net loss of Rs. 8 lakhs versus a Rs. 11 lakh profit previously; no dividend has been recommended. Production volume fell 27% to 4,193 MT and exports came to nil versus Rs. 503 lakhs last year.
The AGM is largely procedural, but the weak financials—revenue decline, net loss, production drop of 27%, zero exports, and skipped dividend—signal continued stress on operations, which shareholders should weigh. The long 5-year lock-in for the new Secretarial Auditor is a routine compliance change and unlikely to affect the stock.