Polyspin Exports Ltd — Others, 30-07-2025: AGM/EGM

Polyspin Exports announced its 40th Annual General Meeting on August 29, 2025, via video conference. The company reported a significant turnover increase to ₹225.14 Cr for FY25, up from ₹202.21 Cr, driven by robust demand in its FIBC bags division and US economic revival. Consolidated net profit reached ₹4.10 Cr. The textile division ceased operations, and a 1.3 MW solar plant began generating power. The board proposes no dividend to conserve resources for growth and seeks shareholder approval for appointing a secretarial auditor. This reflects a positive operational turnaround and focus on future expansion.