Gujarat Terce Laboratories Ltd — Others, 26-07-2025: AGM/EGM
26-07-2025 | 05:48 pm
26-07-2025 | 05:48 pm
Gujarat Terce Laboratories will hold its 40th Annual General Meeting on August 21, 2025. For FY25, the company achieved a record revenue of 50.19 Cr and profit before tax of 3.39 Cr. However, a net loss of 0.98 Cr resulted from a 3.42 Cr one-time tax settlement under a dispute resolution scheme, clearing past liabilities. A major strategic move involves selling its factory, deemed financially imprudent to upgrade, and shifting to WHO-certified contract manufacturers. This aims to boost compliance, streamline operations, and free up capital to become debt-free and fund future expansion. Shareholders will also consider new director appointments and an investment limit of 10 Cr.
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