Jayshree Chemicals Ltd — Others, 16-05-2025: AGM/EGM

Jayshree Chemicals Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company will hold its 63rd Annual General Meeting through video conferencing and electronic voting facilities will be available to shareholders. The board has approved the sale of its windmill asset in Coimbatore on a slump sale basis for ₹2.76 Cr, with proceeds to enhance working capital and support business expansion. The company reported revenue of ₹16.89 Cr from chemical trading and wind power segments with a net loss of ₹0.27 Cr for the year. Operating challenges include competition in chemical trading and delayed payments in power business. The company possesses adequate internal controls and complies with corporate governance norms. No dividend is recommended. Management is focused on expanding the chemical trading business and improving operational efficiency.