ARSHIYABSEArshiya LtdMinimalNeutral
Announced Thu, 21 May · 16:02 IST

We hereby submitting newspaper clippings of Unaudited Standalone Financial Results of the Arshiya Limited (CIRP) for the Quarter ended 30th June, 2024.

ARSHIYA · price

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AI summary

Arshiya Ltd, which is under Corporate Insolvency Resolution Process (CIRP) with Pankaj Mahajan appointed as Resolution Professional, has published its unaudited standalone financial results for Q1 FY2025 (quarter ended June 30, 2024) via newspaper advertisements in The Financial Express and Navakal (Marathi). The results show total income of ₹1,095.70 lakh with a net loss of ₹1,012.29 lakh for the quarter. The company has disclosed these results in compliance with SEBI Listing Regulations, though the publication date of May 21, 2026 is significantly delayed from the quarter ending June 2024.

Likely market impact

Arshiya Ltd remains under CIRP and continues to incur heavy losses. The significant delay in publishing Q1 FY2025 results, with a publication date in May 2026, indicates ongoing administrative challenges under insolvency proceedings. Shareholders should note that the stock is under insolvency resolution and normal financial performance metrics may not be the primary concern.