Annual Report
Price
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Awaiting price reaction for this filing.
Tulasee Bio Ethanol Ltd has filed its 37th Annual Report along with the notice for its AGM to be held on 25th September 2025 via video conferencing. Key financial highlights show the company posted a loss before tax of about ₹12.96 lakh in FY25, slightly improved from a loss of ₹13.42 lakh in FY24, with basic EPS of (0.22). No dividend was declared due to inadequate profits. The company explicitly mentions that its business activity is currently non-operational, which is why it has not appointed an internal auditor as its turnover is insufficient. There were no related party transactions, no loans or investments under Section 186, and no qualifications or adverse remarks from the statutory auditors. Three independent directors resigned on 27 August 2024 and were replaced by two new independent directors on the same date.
Shareholders should note that the company is loss-making with non-operational business activity, raising going-concern concerns. The reappointment of Mr. Kapil Nagpal as Managing Director for another 5 years and the board reshuffle are administrative matters, but the lack of operations and continued losses are negative signals for the stock.