as per pdf attached.
Awaiting price reaction for this filing.
ACE Edutrend's board, at its November 14, 2025 meeting, approved unaudited standalone financial results for Q2 and H1 FY26 (ended September 30, 2025). Revenue from operations remained at zero for the quarter and half-year, with the company reporting a net loss of ₹0.15 million for Q2 FY26 and ₹0.60 million for H1 FY26, an improvement from ₹3.76 million loss in H1 FY25. The board accepted the resignation of Additional Director Mrs. Sushma Jain, appointed Ms. Nidhika Bharti as the new Company Secretary and Compliance Officer, and brought on Mr. Prasanna Kumar Mohapatra as a Non-Executive Independent Director. The company confirmed no deviation in IPO proceeds utilization. The balance sheet shows total assets of ₹125.15 million but other equity (reserves) is negative at ₹(11.26) million, and cash balances are minimal at ₹0.12 million.
The company continues to operate with zero revenue and has accumulated losses that have wiped out its reserves, raising serious going-concern concerns despite the narrower quarterly losses. However, the appointment of a new Independent Director and Company Secretary is a positive governance step that may help address compliance and strategic gaps. Shareholders should monitor closely whether the company can restart revenue-generating operations or seek new business lines.