Please find enclosed herewith the 43rd Annual Report along with a Notice of 43rd Annual General Meeting for the FY 2024-25
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TPI India Limited has filed its 43rd Annual Report along with the AGM notice for FY 2024-25 with BSE. The 43rd AGM is scheduled for September 18, 2025 at 12:00 noon via video conferencing. Total income rose 16% to ₹3,021.08 Lacs (vs ₹2,599.92 Lacs in FY24), but profit after tax declined to ₹35.84 Lacs from ₹46.43 Lacs, mainly due to higher depreciation (₹64.72 Lacs vs ₹28.03 Lacs) and finance costs (₹133.37 Lacs). No dividend has been recommended due to weak profitability. Shareholders will vote on approval of audited financials, re-appointment of Ms. Punam Nyaynirgune (rotating director), and a material related party transaction with OHM Packagings Private Limited worth up to ₹15 crore each for sales and purchases.
Despite top-line growth, declining profitability and absence of dividend may concern income-seeking shareholders. The promoter sold 18.51% stake via OFS in April 2024, reducing promoter holding — a key governance signal. Shareholders should review the related party transaction proposal carefully before the e-voting cutoff on September 11, 2025.