77th Annual Report of the company for the FY 2024-25
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Ador Multi Products Limited has submitted its 77th Annual Report for FY 2024-25 along with the AGM notice. The 77th AGM is scheduled for Wednesday, 13th August 2025 at 11:30 AM via video conferencing. A major board reshuffle has occurred with three new directors appointed on 27th May 2025 — Mr. Arvinder Singh Pasricha (Chairman), Mr. Vinay Kumar Singh (Managing Director & CFO), and Ms. Praveen Kumari Singh (Independent Director) — while three previous directors have resigned. The company is proposing to change its name to 'Thrive Future Habitats Limited' and shift its registered office from Mumbai to New Delhi. The business, currently a personal care contract manufacturer based in Puducherry, plans to strategically expand into real estate and other new ventures.
Shareholders should note significant governance changes — a new leadership team, proposed name change, and office relocation to Delhi — signalling a strategic transformation. The pivot toward real estate marks a notable departure from the core personal care manufacturing business, which may affect the stock's risk profile and investor appeal.