The 17th Annual General Meeting ('AGM') of the Members of Mahesh Developers Limited will be held on Friday, April 10, 2026 at 11:00 a.m. IST at the Registered Office of the Company. Pursuant ....
Awaiting price reaction for this filing.
Mahesh Developers has filed its Integrated Annual Report for FY 2024-25 and notified BSE that its 17th AGM will be held on April 10, 2026 at 11:00 a.m. via video conference. The agenda includes adopting the FY25 financial statements, reappointing Mrs. Jalpa Sapariya (Non-Executive Women Director) who retires by rotation, and reappointing M/s. Bhairavi Gala & Associates as Statutory Auditors for a further five-year term till the AGM for FY 2029-30. Key financials show Total Revenue swung to a negative Rs. 49.50 lakhs in FY25 from Rs. 111.46 lakhs in FY24, though Profit Before Tax improved marginally to Rs. 3.16 lakhs (vs Rs. 2.55 lakhs) and net profit stood at Rs. 2.34 lakhs. The company stated only its old project continued in FY25 with no new projects undertaken, and no dividend was declared for the year.
Shareholders should note the sharp drop in revenue and the company's lack of new projects, though it stayed marginally profitable. No dividend means no income from the stock this year. The AGM items are largely routine governance matters, so the event itself is unlikely to move the share price meaningfully.