Annual Report for the Financial Year 2024-25 together with the Notice convening the 32nd AGM through Video Conferencing (VC)/ Other Audio- Visual Means (OAVM)
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Yashraj Containeurs Ltd has filed its 32nd Annual Report for FY 2024-25 along with the notice for its 32nd AGM, scheduled for September 15, 2025 at 12:30 p.m. via video conferencing. The company has been under Corporate Insolvency Resolution Process (CIRP) since February 22, 2024, following an NCLT order, and the powers of its Board of Directors stand suspended with the Resolution Professional, Mr. Ajit Kumar, currently overseeing the company. Financially, the situation has worsened sharply: revenue from operations fell to Rs. 35.11 lacs from Rs. 197.17 lacs in the previous year, and the net loss widened to Rs. 2,418.18 lacs from a loss of Rs. 584.78 lacs in FY 2023-24. No dividend has been declared, and the statutory auditors have issued an unmodified opinion. The only special business item is the re-appointment of Mrs. Madhu Nitin Kanadia as an Independent (Non-Executive) Woman Director for one year. Record date is September 7, 2025, and book closure runs from September 8 to September 14, 2025.
This is a procedural AGM filing, but the combination of steep revenue decline, ballooning losses, and ongoing CIRP indicates deep financial distress. Shareholders face meaningful uncertainty as the company's revival now hinges entirely on the outcome of the insolvency resolution process and any approved resolution plan.