Spencer's Retail Limited — Others, 14-08-2025: Shareholders meeting

Spencer’s Retail has scheduled its Eighth Annual General Meeting. The company has also released its Integrated Annual Report for FY24-25, highlighting a strategic business realignment. Consolidated revenue declined to 1,995 Cr, but EBITDA sharply increased to 60.26 Cr, marking a four-fold rise. Loss before tax also narrowed to (246.61) Cr. Operational efficiency improved significantly by exiting underperforming regions and focusing on core markets. The company proposes an increase in borrowing limits by 250 Cr to support future growth and operations, bringing the total authorized limit to 1,250 Cr. Shareholders will consider the reappointment of statutory and secretarial auditors, and a director.