Unaudited Financial Result along with Board Resolution as per request of BSE for the quarter ended 31/12/2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company has filed a clarification to BSE explaining that its Q3 FY26 unaudited financial results were not initially signed as required under SEBI LODR Regulation 33(2)(b). This was because Mr. Ranjan Kumar Poddar, the Managing Director and Chairperson, resigned from the board during the same meeting. To fix this, the board authorized existing director Ms. Malvika Poddar to sign the results and the limited review report. The underlying financial numbers show total revenue of Rs 71.11 lakh for the December 2025 quarter, down from Rs 90.93 lakh in the same quarter last year. The company reported a loss before tax of Rs 4.43 lakh for the quarter and Rs 13.77 lakh for the nine months ended December 2025. Reserves are in negative territory at Rs (1,607.73) lakh, indicating accumulated losses, and the statutory auditor (Rajan Goel & Associates) issued an unmodified limited review opinion.
Shareholders should note the sudden exit of the Managing Director/Chairperson, which is a key governance event and raises succession questions. The company continues to post losses with declining revenue and negative reserves, signaling weak financial health. The stock may see short-term negative sentiment on the back of the MD resignation and persistent losses.