We have enclosed the Annual Report of the Company for the year ended 31st March, 2025
Awaiting price reaction for this filing.
Modern Denim Limited has filed its Annual Report for FY2024-25 and the Notice of its 47th Annual General Meeting, scheduled for 30th September 2025 at the registered office in Sirohi, Rajasthan. Revenue from operations declined to Rs. 22.37 crores from Rs. 25.03 crores in the previous year, a drop of about 10.6%. The company reported a net loss of Rs. 5.69 crores against Rs. 5.34 crores in FY24, with accumulated losses widening to Rs. 184.66 crores, leading to no dividend declaration. Exports, however, grew to Rs. 6.61 crores from Rs. 3.86 crores. The Board also proposes revision in remuneration of Whole-Time Director Shri Suvrat Ranka and appointment of M/s Jyoti Soni & Associates as Secretarial Auditor for five years. The proposed merger with Modern Insulators Limited remains pending before the NCLT Jaipur Bench, with the next hearing scheduled for 16th October 2025.
This is primarily a routine regulatory filing (Regulation 34 of SEBI LODR), but the financials flag continued pressure — declining revenue, widening losses, and no dividend. Shareholders should note the weak operating performance, though exports show some improvement and the pending merger could reshape the company if approved by NCLT.