Jhandewalas Foods Ltd — Others, 04-08-2025: AGM/EGM

Jhandewalas Foods has announced its 19th Annual General Meeting (AGM) will be held on Friday, August 29, 2025, via video conference. The company reported FY2024-25 revenue of ₹86.64 Cr and a net profit of ₹5.92 Cr. No dividend was proposed. The company increased its authorized capital to ₹25 Cr and completed a preferential allotment, raising ₹21.30 Cr through equity shares and issuing convertible warrants. Auditors highlighted concerns: loans of ₹3.93 Cr to directors' relatives post-allotment, violating Companies Act provisions; lack of title deeds for ₹5.76 Cr of immovable assets; and defaults on loan repayments to multiple lenders. These are key issues for investors to monitor.