NTC Industries Ltd — Others, 07-08-2025: Others
07-08-2025 | 03:08 pm
07-08-2025 | 03:08 pm
NTC Industries has announced its 34th Annual General Meeting. The company reported a strong financial year, with total turnover climbing to ₹49.01 Cr and profit before tax reaching ₹10.43 Cr. This growth was driven by increased cigarette and FMCG sales, particularly exports which hit ₹28.34 Cr. The paid-up capital increased to ₹14.52 Cr from warrant conversions, with all ₹38.625 Cr from preferential allotments fully utilized for business expansion. Shareholders will consider changing a director's designation and appointing a new secretarial auditor. Additionally, a significant one-time settlement of ₹100 Cr was completed by subsidiaries, resolving a larger claim.
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