Hindoostan Mills Ltd — Others, 11-08-2025: Others

Hindoostan Mills is convening its 121st Annual General Meeting virtually. The company reported a significant loss of Rs. 10.77 Cr for the fiscal year, with revenue from operations at Rs. 33.15 Cr, a sharp decline from the previous year. Due to continuous losses and poor demand, the Board decided to close its Textile Unit, pending government approval, which had liabilities of Rs. 9.32 Cr and assets of Rs. 11.15 Cr. No dividend has been proposed. Shareholders will vote on financial statements, director re-appointments, and auditor appointments. The Engineering unit continues, exploring new segments.