As per PDF Attached.
Awaiting price reaction for this filing.
The Board approved 12 sets of long-pending financial results on January 30, 2026, covering quarters and full years from FY 2022-23 through FY 2024-25. The Company had no revenue from operations in any of these periods and reported continuous losses, including a full-year FY23 loss of Rs. 524 lakhs. The delay in finalization was attributed to a Corporate Insolvency Resolution Process (CIRP) initiated in July 2021 and the unfortunate demise of the previous auditor's signing partner. A Resolution Plan was approved by NCLT in June 2022, which extinguished promoter shareholding, cut public shareholders by 95% (1 share for every 20 held), and merged Gwebitsol Pvt Ltd into the Company. Equity share capital increased from Rs. 1,459.71 lakhs to Rs. 4,858.17 lakhs through new allotments. New auditors N G Rao & Associates were appointed on October 31, 2025, replacing the previous firm.
This is a major catch-up disclosure for a distressed, non-operating company. Public shareholders have effectively been diluted by 95% under the resolution plan, while new investors and the merged entity now control the Company. The auditor flagged an Emphasis of Matter on the restructuring. Existing shareholders should be aware of the drastically altered ownership structure and the company's continued non-operational, loss-making status.