ALPHA TRIBE

KIC Metaliks LtdOthers, 30-07-2025: AGM/EGM

30-07-2025 | 11:09 pm

K I C Metaliks will hold its 38th Annual General Meeting on August 22, 2025, virtually. Shareholders will consider adopting the FY24-25 financial results, which reported a net loss of ₹6.09 Cr, a significant drop from last year's ₹2.28 Cr net profit. This was primarily due to falling steel prices, rising costs, and a plant shutdown for rectification work. The company aims to improve through cost optimization, digitalization, and operational upgrades. Shareholders will also vote on re-appointing key management, including Mr. Radhey Shyam Jalan as Chairman & MD and Mr. Mukesh Bengani as Director (Finance) & CFO, along with re-approving auditors.

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