as per pdf attached
Awaiting price reaction for this filing.
ACE Edutrend's board met on November 14, 2025 and approved unaudited standalone financial results for Q2 and H1 FY26 (ended September 30, 2025). The company reported zero revenue from operations for the half-year, with total expenses of ₹0.60 million and a net loss of ₹0.60 million (H1 FY25 loss was ₹3.76 million). The auditor (Asha & Associates) issued an unqualified limited review report with no qualifications. The board also accepted the resignation of Additional Director Mrs. Sushma Jain and appointed Mr. Prasanna Kumar Mohapatra as Non-Executive Independent Director, while Ms. Nidhika Bharti was appointed as the new Company Secretary and Compliance Officer replacing Mrs. Deepali Mahapatra. The company confirmed no deviation in the use of IPO proceeds.
The company continues to post losses with no operating revenue, and its reserves have slipped to negative ₹11.26 million — a serious red flag for long-term sustainability. The back-to-back resignations of directors and the company secretary, along with fresh appointments, signal governance churn that investors should monitor closely.