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- Important
- Financial Update
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IND AGIV COMMERCE LIMITED will hold its 39th Annual General Meeting on August 11, 2025, via video conference, to approve its financial results. For FY2024-25, the company reported standalone and consolidated losses of ₹1.84 Cr and ₹1.90 Cr, respectively, an improvement from the prior year. Shareholders will vote to ratify a preferential allotment of 30 lakh equity shares at ₹29 each, raising ₹8.70 Cr, crucial for addressing financial stress. The company also seeks to raise its borrowing limits and inter-corporate loan/guarantee limits to ₹100 Cr each. Auditors have flagged material uncertainty regarding the company's ability to continue as a going concern due to accumulated losses and defaulted loans.