Coromandel Engineering Company Ltd — Others, 25-08-2025: AGM/EGM

Coromandel Engineering will hold its 77th Annual General Meeting on September 18, 2025. The company reported a turnaround to a net profit of ₹0.41 Cr for FY25, compared to a ₹4.40 Cr loss last year, despite a 67% decline in revenue to ₹31.29 Cr. Net worth improved to ₹6.25 Cr. The company is expanding into new sectors, targeting ₹50 Cr turnover by March 2026. Shareholders approved issuing new equity shares for ₹6.61 Cr and related party transactions for services up to ₹200 Cr and an unsecured loan up to ₹10 Cr. Auditors noted delays in some statutory payments and loan dues, which were largely addressed.