BSEGarlon Polyfab Industries LtdHighNeutral
Announced Fri, 31 Jul, 2026 · 19:16 IST

Annual Report FY22 filed; company not in operation, trading suspended

Going ConcernPat NegativeResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Company filed Annual Report for FY 2021-22. Revenue from operations was zero for the second year running. Net loss narrowed to Rs 2.29 lakh versus Rs 3.79 lakh in FY21. Company states it is not currently in operation and is exploring new business options. Trading remains suspended on BSE; management is working to lift the suspension. No dividend declared; share capital unchanged at Rs 4.61 crore.

Likely market impact

Zero revenue, continued losses, suspended trading, and uncertainty over revival raise serious concerns for shareholders.