Simplex Mills Company Ltd — Others, 14-07-2025: Others

Simplex Mills has released its Annual Report for FY2024-25. The 27th Annual General Meeting is scheduled for Tuesday, August 5th at 10:00 AM via Video Conferencing. The company's total income for FY25 increased to ₹0.79 Cr, resulting in a significantly reduced net loss of ₹0.03 Cr, down from ₹0.14 Cr in the previous year. No dividend has been proposed for the fiscal year. Shareholders will vote on the re-appointment of Director Shri Shekhar R Singh and the appointment of a Secretarial Auditor for a five-year term. Auditors highlighted accumulated losses and eroded net worth, casting doubt on the company's ability to continue operations, though management maintains this basis.