Yarn Syndicate Ltd — Others, 26-08-2025: AGM/EGM
26-08-2025 | 04:12 pm
26-08-2025 | 04:12 pm
Yarn Syndicate has submitted its 79th Annual Report and announced its upcoming Annual General Meeting via virtual means. Shareholders will vote on re-appointing a director, appointing statutory and secretarial auditors, and approving material related party transactions, each up to Rs. 50 Cr, with five entities to enhance operational efficiency. For the past fiscal year, standalone revenue surged to Rs. 49.61 Cr (up from Rs. 2.52 Cr), with a net profit of Rs. 1.37 Cr. Consolidated revenue was Rs. 54.30 Cr, though the company reported a net loss of Rs. 1.02 Cr. Stitched Textiles Limited transitioned from a subsidiary to an associate company. No dividend was proposed.
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