Prakash Woollen & Synthetic Mills Ltd — Others, 04-08-2025: Others

Prakash Woollen & Synthetic Mills has released its annual report and notice for the 46th Annual General Meeting. The company reported a net profit of Rs. 1.26 Cr for the financial year, significantly bolstered by a Rs. 10.54 Cr gain from the sale of surplus land and building. This gain offset an operating loss of Rs. 9.09 Cr due to underutilized capacity and market competition. Revenue increased to Rs. 105.17 Cr. Shareholders will vote on several director appointments and re-appointments, including the re-appointment of the Managing Director Mr. Daya Kishan Gupta at Rs. 0.07 Cr/month and two Whole-Time Directors at Rs. 0.05 Cr/month each. No dividend was declared to meet working capital needs.