Annual Report for financial year 2024-25 together with the notice convening the 32nd AGM through Video Conferencing (VC) or other audio visual means (OAVM)
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Yashraj Containeurs Ltd has filed its Annual Report for FY 2024-25 along with the notice for its 32nd AGM, scheduled for September 15, 2025, at 12:30 PM via video conferencing. The company remains under Corporate Insolvency Resolution Process (CIRP) since February 22, 2024, with the Board of Directors suspended and Mr. Ajit Kumar acting as Resolution Professional. Financial performance deteriorated sharply: revenue from operations collapsed to Rs. 35.11 lacs from Rs. 197.17 lacs in the previous year, while net loss widened to Rs. 2,418.18 lacs from Rs. 584.78 lacs. No dividend has been declared, and the business agenda includes adoption of financial statements and re-appointment of Mrs. Madhu Nitin Kanadia as Independent Director.
Shareholders face continued uncertainty as the company is under insolvency proceedings with deeply worsening losses and a near-total revenue collapse. The stock remains a high-risk, distressed investment until the CIRP is resolved, and shareholders should monitor NCLT updates closely.