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Shri Mahalaxmi Agricultural Development Limited
7 articles
Shri Mahalaxmi Agricultural Development Limited faces significant operational and compliance challenges, reflected in persistent losses and a history of delayed filings. The company has reported zero operational revenue for several years, relying on investment income which has fluctuated considerably, contributing to volatile profitability. Ongoing technical issues with the MCA portal have exacerbated governance deficiencies and resulted in trading suspensions on both the BSE and MSEI since 2015, hindering shareholder value and requiring attention to regulatory adherence during the upcoming AGM. Investors should carefully monitor the company's ability to resolve these issues and restore compliance to unlock potential value.
Shri Mahalaxmi Agricultural Development FY25 Zero Revenue
Company reported zero operational revenue and a net loss of ₹4,591 for FY 2024-25, compared to a profit of ₹865,847 in previous year.
32nd Annual General Meeting scheduled for August 29, 2026 via vide
Shri Mahalaxmi Agricultural Development Limited 2023-24 Annual Report
Company filed its Annual Report for FY 2023-24 with zero operational revenue and ₹8.65 lakh net profit, down 86.5% YoY due to non-recurring capital gains.
Notice convening 31st AGM on August 29, 2026
Shri Mahalaxmi Agricultural FY23 Net Loss ₹14 Lakh
Annual report and AGM notice disclosure for FY 2022-23, showing zero operational revenue and a net loss of ₹14.04 lakh versus prior year profit of ₹64.18 lakh.
Company convened 6 board meetings but fa
Shri Mahalaxmi Agricultural Development FY22 Loss ₹14.04 Lakh
Company reported zero operational revenue and a net loss of ₹14.04 lakh for FY22, compared to a profit of ₹5.21 lakh in FY21.
29th Annual General Meeting scheduled for August 29, 2026, to be held via
Shri Mahalaxmi Agricultural Development Limited 28th AGM Notice and Annual Report
Company issued notice for its 28th Annual General Meeting (AGM) to be held via video conference on August 29, 2026, with two ordinary business items including adoption of financial statements and dire
Shri Mahalaxmi AGM Notice and FY20 Annual Report
Company issued notice for its 27th Annual General Meeting (AGM) to be held on August 29, 2026, via video conference to adopt FY20 financial statements and appoint Kiran Bhogate as director.
FY20 finan
Shri Mahalaxmi AGM Notice Director Appointments FY19
Company convenes 26th AGM on August 29, 2026 to adopt FY19 financial statements and appoint three directors.
FY19 financials show zero operational revenue but ₹9.27 crore net profit driven by investme