Outcome of the meeting.
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Adhata Global Ltd held its Board Meeting on May 30, 2026, approving the audited financial results for FY ended March 31, 2026. The company reported a significant decline in revenue from operations to Rs 323.31 Lacs from Rs 534.72 Lacs in the previous year (a 39.5% drop). The company posted a net loss of Rs 160.43 Lacs compared to a loss of Rs 15.39 Lacs in FY 2024-25. Operating cash flow remained negative at Rs 141.04 Lacs. The Board also approved material related party transactions with M.V Credit Capital Pvt Ltd, re-appointed C.K. Chandak & Co. as statutory auditors for 4 years, and scheduled the 33rd AGM for July 14, 2026. The auditors issued an unmodified opinion on the financial statements.
The company is facing significant financial stress with declining revenues, widening losses, and negative operating cash flows. Shareholders should monitor the company's turnaround plans and liquidity position carefully.