Darjeeling Ropeway Company Seeks to Diversify into Seven New Business Sectors
Darjeeling Ropeway Company Limited's Board of Directors has approved the addition of seven new business objects to its Memorandum of Association, pending shareholder approval at the AGM on August 19, 2025. The expansion includes sectors such as aviation spare parts, solar energy, electronic components, electric vehicles, IT consultancy, agro-food processing, and machinery manufacturing. The decision aims to diversify operations and potentially open new revenue streams. The AGM will be conducted via video conferencing, where shareholders will vote on the proposed changes.
28Jul 25
Darjeeling Ropeway Company Reports Loss, Appoints New Auditor, and Plans Relocation
Darjeeling Ropeway Company Limited (DRCL) reported revenue of Rs. 91.01 lakhs but incurred a net loss of Rs. 26.69 lakhs. The company appointed M/s. Sunit M Chhatbar & Co. as new statutory auditor and plans to relocate its registered office from Mumbai to Rajkot, subject to shareholder approval. DRCL's 88th AGM is scheduled for August 19, 2025, to be held virtually.