Announced Tue, 2 Sept · 18:14 IST

With reference to the above captioned subject and pursuant to Regulation 34 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015 please find enclosed herewith the ....

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AI summary

Tricom Fruit Products Ltd has filed its 31st Annual Report for the financial year ended March 31, 2025, along with the notice for its 31st Annual General Meeting scheduled for September 25, 2025, to be held via video conferencing. The company is currently under Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated August 13, 2024, with Mr. Prakash Dattatraya Naringrekar serving as the Resolution Professional and the powers of the Board of Directors suspended. Business operations have been discontinued, assets have been sold by Edelweiss Asset Reconstruction, and revenue for the year is nil. The company reported a loss of Rs 40.05 lakh in FY25, wider than the Rs 15.76 lakh loss in FY24, with basic and diluted EPS both at (0.21) versus (0.08) previously. No dividend has been recommended, and the AGM will seek shareholder approval for re-appointment of Managing Director Mr. Chandrakant Joshi and of M/s Hetal Doshi & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30).

Likely market impact

Shareholders face significant uncertainty: the company has no operations, is under insolvency proceedings, and losses are widening, meaning the future of the stock and any recovery for investors hinges entirely on the resolution plan eventually approved by NCLT. With no dividend and a suspended board, retail investors have limited influence until the CIRP concludes.