Darjeeling Ropeway Company Ltd — Others, 28-07-2025: AGM/EGM

Darjeeling Ropeway Company will hold its Annual General Meeting on August 19, 2025, virtually. Shareholders will approve the annual financial results for FY25 and vote on board and auditor appointments. The board proposes shifting its registered office from Mumbai to Rajkot for administrative reasons. For FY25, revenue jumped to 0.91 Cr from nil, with net loss increasing to 0.27 Cr from 0.04 Cr. The company previously approved issuing 70 lakh convertible warrants for 11.76 Cr to non-promoters, awaiting regulatory approval. Auditors highlighted over 6.7 Cr in disputed income tax demands and an accounting software lacking an audit trail.