As per annexure attached
Awaiting price reaction for this filing.
Suumaya Corporation's board, meeting on November 7, 2025, appointed Mr. Bhaumik Rajeshbhai Soni as Managing Director and two new non-executive directors. The board also approved unaudited results for H1 FY25 (Sept 30, 2024) and audited results for FY25 (March 31, 2025). For FY25, revenue from operations stood at ₹2.46 crore (flat vs FY24), while the company posted a massive net loss of ₹485.35 crore, compared to a loss of ₹1.34 crore in H1 FY25. The loss was driven primarily by a one-time 'Other expenses' charge of ₹478.42 crore in FY25. Reserves have turned deeply negative at -₹414.99 crore, and the auditor issued a qualified opinion flagging serious going concern doubts due to eroded net worth and current liabilities exceeding current assets.
This is a very negative filing for shareholders. The auditor's qualified opinion and explicit going concern warning indicate the company's survival as a going entity is doubtful. The huge FY25 loss has wiped out shareholder equity, and undisclosed contingent liabilities from SEBI/GST notices could further erode value. Stock may face downward pressure; existing investors risk significant dilution or loss if restructuring occurs.