BSESankhya Infotech LtdHighNeutral
Announced Fri, 30 Jan · 21:53 IST

As per PDF attached

Auditor Mid Year ChangeEmphasis Of MatterPat NegativeNegative Operating CashflowRevenue DeclineResults View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sankhya Infotech Ltd announced approval of unaudited and audited financial results for 12 quarters covering FY2022-23 through FY2024-25 at a board meeting held on January 30, 2026. The company has zero revenue from operations and reports only negligible other income, with losses driven primarily by depreciation and amortization expenses. Full-year FY23 loss narrowed significantly to Rs 524 lakhs from Rs 1,390 lakhs in FY22, reflecting the impact of CIRP-related restructuring. The company underwent Corporate Insolvency Resolution Process (CIRP) initiated in July 2021, with a Resolution Plan approved by NCLT in June 2022 that extinguished promoter shareholding, reduced public shareholding by 95%, and merged Gwebitsol Pvt Ltd into the company. New statutory auditors N G Rao & Associates were appointed on October 31, 2025 and flagged the resolution plan implementation as an Emphasis of Matter.

Likely market impact

Despite emerging from insolvency, the company still has no revenue from operations and continues to post losses, raising serious concerns about business revival and shareholder value. Existing public shareholders have already absorbed a 95% haircut as part of the resolution plan, and ongoing operational losses suggest no near-term recovery is visible.