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Established in 1989, Eurotex Industries and Exports Limited is engaged in manufacturing of cotton yarn & knitted fabric.
Euroltex announced its 40th Annual General Meeting for 18th September. Book closure for the AGM runs from 11th to 18th September, with 11th September also the cut-off for e-voting.
Eurotex Industries is exempt from certain corporate governance requirements. This is due to its paid-up capital of 8.74 Cr (under 10 Cr) and net worth of negative 27.64 Cr (under 25 Cr).
Eurotex Industries confirms it's not a 'Large Corporate' per regulatory norms, with outstanding borrowing at Rs. 30.70 Cr. This clarifies its compliance status regarding specific governance requirements.
Eurotex Industries has scheduled its 39th Annual General Meeting for September 18 at 10:00 a.m. via VC/OAVM. The Annual Report for FY 2024-25 is now available.
Eurotex Industries now focuses on real estate development, having ceased textile manufacturing. FY25 saw a ₹1.74 Cr net loss, but operating profit hit ₹1.89 Cr on ₹1.16 Cr revenue. Management is addressing past losses by settling lender dues via promoter group and plans future Kolhapur land development.