Shricon Industries Ltd — Others, 04-08-2025: Others

Shrcon Industries has announced its 39th Annual General Meeting to adopt the audited financial results for the year ended March 31, 2025. The company reported a net loss of Rs. 0.148 Cr for FY25, a significant shift from the Rs. 0.87 Cr profit in FY24, primarily due to lower income. The company plans to appoint Mr. Sheetal Jain as Executive Director and Mr. Praveen Chandna as Independent Director. Shareholders will also vote on related party transactions up to Rs. 10 Cr with Career Point Edutech and Rs. 0.5 Cr with Career Point University. Additionally, a loan of up to Rs. 5 Cr to Sankalp Capital Private Limited requires approval. The company recently obtained a Drug License to diversify into the pharmaceutical e-commerce segment.