Pursuant to Regulation 30 and Regulation 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited standalone results for Q3 and nine months ended December 31, 2025. Q3 total income rose to ₹1,941.51 lakhs (vs ₹1,830.36 lakhs in Q3 FY25), but nine-month income fell sharply to ₹6,038.97 lakhs (vs ₹11,652.63 lakhs in 9M FY25, ~48% decline) due to the CIRP transition. The company swung to a nine-month profit of ₹82.82 lakhs from a ₹35.69 lakh loss in the prior period. The Board approved changing the company name to 'Montera Limited' and adding new business objects covering electrical products, engineering services, and railway components. The Board also approved proposals to seek shareholder authorization at an EGM on February 19, 2026 for higher borrowing limits under Section 180(1)(c), loans/guarantees under Sections 185 and 186, and related party transactions under Section 188. The auditor issued an Emphasis of Matter regarding going concern assumptions and delays in payments under the approved Resolution Plan, with the next NCLT hearing fixed for February 16, 2026.
The company is in a post-insolvency reset phase with a new board, resumption of trading on BSE from December 17, 2025, and a strategic pivot toward new business lines. However, the delayed first installment under the Resolution Plan and pending NCLT proceedings create near-term uncertainty; shareholders should monitor the February 16, 2026 NCLT hearing for any financial impact. The sharp nine-month revenue drop and the surveillance-framework classification under IBC may weigh on sentiment.