We hereby submit the Annual Report of Venlon Enterprises Limited for the Financial Year end 31st March 2025.
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Venlon Enterprises Ltd submitted its 41st Annual Report for FY 2024-25 along with the notice for its AGM scheduled on September 26, 2025 at the registered office in Mysuru. Total income rose to Rs. 1,195.75 lakhs from Rs. 925.04 lakhs, but total expenses ballooned to Rs. 2,513.73 lakhs, driven by a sharp jump in other expenses from Rs. 141 lakhs to Rs. 1,473 lakhs. This pushed the loss for the year to Rs. 1,317.98 lakhs (vs Rs. 128.47 lakhs last year), with EPS at negative Rs. 2.52, and no dividend has been recommended. The AGM seeks shareholder approval for material related party transactions with Dechem Resins (Rs. 25 crores), Krishna Enterprises (Rs. 60 crores), and 11 other related parties (Rs. 25 crores per party), appointment of a Secretarial Auditor for 5 years, and reappointment of Ms. Saroj Datwani as Whole-time Director and CFO for 5 years (she has waived remuneration). The company's windmill segment was scrapped in 2021-22 and it now operates only as a trading entity.
Widening losses, absence of dividend, and proposed related party transactions that represent 217-434% of annual turnover are concerning for retail shareholders and may weigh on sentiment. Shareholders should review the RPT resolutions and director reappointment carefully before voting at the AGM.