ALPHA TRIBE

AI Champdany Industries LtdOthers, 02-08-2025: Others

02-08-2025 | 09:14 pm

Sales surged to Rs 90.22 crore for AI Champdany Industries in the last financial year, up from Rs 44.27 crore previously, despite reporting a net loss of Rs 61.03 crore, wider than Rs 39.45 crore. Operations at certain units remain suspended due to labor issues, but management is overhauling machinery for productivity gains. The company has announced its upcoming 107th Annual General Meeting to approve financials and strategic board changes. Shareholders will consider the appointment of Mr. Jayanta Jash as a new independent director and the re-appointment of Mr. Mukul Banerjee. The renewal of 2% preference shares worth over Rs 6.2 crore for five additional years is also on the agenda. The company incurred minor penalties for compliance delays related to Board meeting timing and financial statement submission.

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