Thomas Scott (India) corrects AGM notice amid strong financial growth

Thomas Scott (India), a prominent player in the textile industry, initially announced its 15th AGM for September 29, 2025. An addendum was later issued on September 17, 2025, to rectify a clerical error in the AGM time, changing it from "11:30 P.M. instead of 11:30 A.M." to the correct 11:30 A.M. This corrected notice has been dispatched to shareholders.

Financially, Thomas Scott (India) reported robust performance for the fiscal year ended March 31, 2025. Total revenue surged to INR 16,103.22 Lakh from INR 9,109.31 Lakh in the previous year, with profit after tax reaching INR 1,279.76 Lakh, up from INR 1,002.20 Lakh. The company has no dividend recommendations for the year but increased its paid-up equity share capital to INR 1,266.29 Lakhs.

The company also announced the re-appointment of Brijgopal Bang as managing director for a further three years, effective December 1, 2025, with remuneration of up to INR 4,00,000/- per month. Additionally, Usha Manish Ghelani was appointed as a non-executive independent director, and Sonam Jain as secretarial auditor for five years. Despite global economic uncertainties, the company remains optimistic about growth in the textile industry, supported by government initiatives and strong domestic demand.