We hereby inform you that a meeting of Board of Directors of the company held on today i.e. 23/04/2025 at its head office at 144/2, Ashram, Mathura Road, New Delhi-110014 interalia considered ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ANS Industries Ltd's Board approved audited FY25 results on April 23, 2025, revealing a sharply wider loss of Rs. 220.25 lakhs versus Rs. 37.47 lakhs loss in FY24. Q4 revenue from operations collapsed to just Rs. 1.44 lakhs from Rs. 63.76 lakhs in the year-ago quarter, while full-year total expenses surged to Rs. 304.36 lakhs from Rs. 97.22 lakhs, driven by a spike in 'other operating and general expenses.' The company's own notes state it is 'not carrying on business,' and its reserves are deeply negative at Rs. -625.21 lakhs with net worth eroding to Rs. 300.35 lakhs (from Rs. 520.60 lakhs). Despite these red flags, statutory auditors DMarks & Associates issued an unmodified (clean) opinion, and the company reported no outstanding qualified borrowings.
Shareholders are looking at a near-dormant company with no active business, deeply negative reserves, and a rapidly shrinking net worth. Despite the clean auditor's opinion, going-concern risks are clearly elevated, and any value recovery depends on reviving operations or further asset sales.