ALPHA TRIBE

Jattashankar Industries LtdOthers, 26-08-2025: AGM/EGM

26-08-2025 | 11:51 pm

Jattashankar Industries will hold its AGM on September 20, 2025, where shareholders will consider strategic changes. The company reported a net loss of Rs 1.19 Cr for FY25, a reversal from FY24's Rs 3.82 Cr profit, largely due to an exceptional loss of Rs 1.11 Cr from selling its plant and machinery, effectively discontinuing textile operations. New promoters acquired a 72.55% stake, triggering an open offer for 26% of shares at Rs 60 each. Future plans include shifting the registered office to Pune and diversifying into agriculture, edible oils, and food products. Shareholders will also vote on appointing new directors and approving borrowing limits up to Rs 100 Cr.

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