Prima Agro Ltd — Others, 18-08-2025: AGM/EGM
18-08-2025 | 03:26 pm
18-08-2025 | 03:26 pm
Prima Agro will hold its 38th Annual General Meeting to approve the annual financial results for FY2024-25. The company reported a net loss of Rs. 0.45 Cr for the year, down from a Rs. 0.72 Cr profit previously, with turnover at Rs. 10.11 Cr. To improve liquidity, the company seeks shareholder approval to extend the redemption period of Rs. 6 Cr preference shares by seven years. Additionally, they propose increasing the limit for inter-corporate loans and guarantees to Rs. 11 Cr and seek approval for related party transactions up to Rs. 2.50 Cr annually for one entity. The company aims to boost production and optimize costs.
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