Spentex Industries Limited — Others, 05-08-2025: Shareholders meeting

CLC Industries has released its Annual Report for FY 2024-25, reporting a net loss of ₹46.25 Cr, widening from a ₹34.28 Cr loss last year, largely due to a ₹40.03 Cr provision for doubtful balances. Revenue from operations was ₹61.62 Cr as the company restarted production in October 2024 post-insolvency. An AGM is scheduled for August 29 to approve financial results and key proposals, including the sale of obsolete Unit I machinery at Baramati, aiming to boost working capital and debt repayment. Also on the agenda are renewed and new material related party transactions, vital for operations. Trading in CLC shares remains suspended.