Borosil Limited — Others, 05-07-2025: Shareholders meeting

Borosil Limited has announced a board meeting on a date to consider and approve its financial results and other corporate matters. The company reported steady growth in FY 2024-25, achieving standalone consolidated revenue of ₹1,107.8 crores (up 16.8%), with profit before tax at ₹103.2 crores and net profit of ₹74.2 crores. Key business segments include glassware (₹252 crores, +27.2%), non-glassware (₹453 crores, +17.2%), and opalware Larah brand (₹384 crores). Borosil enhanced manufacturing capacity by commissioning India’s first borosilicate pressware facility (25 TPD), doubled opalware capacity, and announced a ₹40 crore investment in a stainless steel flask plant. The company’s net debt reduced sharply to ₹26.5 crores, and it received an upgraded credit rating of AA– (stable outlook). It continues to strengthen its digital footprint, e-commerce, and tier 2–3 market presence, while driving innovation in eco-friendly, microwave-safe kitchenware and appliances. Board-related updates include re-appointments and approvals of directors and Key Managerial Personnel and the appointment of Dhrumil M. Shah & Co. LLP as Secretarial Auditor for five years. A proposal seeking shareholder approval to raise up to ₹250 crores through securities issuance in various forms was included, aimed at supporting growth, debt reduction, and working capital optimization. Related party transactions with Borosil Scientific Limited for shared services up to ₹30 crores were also presented for approval.