BSEKD Leisures LtdMinimalNeutral
Announced Mon, 6 Apr · 18:19 IST

Annual Report FY24 - No operations, loss, trading suspended, delisting order

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

KD Leisures Ltd reported zero revenue from operations in FY24, down from Rs 180.17 lakh in FY23. Net loss narrowed to Rs 1 lakh from Rs 198.39 lakh. No dividend was declared. The company was inoperative all year. Trading has been suspended on BSE since June 2023 due to non-compliance, and a compulsory delisting order was received in August 2024. Auditors flagged pending income tax cases for AY 2017 and 2020, unfiled tax returns from AY 2021-22, and late SDD and compliance submissions. The 43rd AGM is scheduled for Dec 1, 2025 via VC.

Likely market impact

Company is inactive with a delisting order and suspended trading - high risk for shareholders with little visibility on a turnaround or revival plan.