As per PDF attached
Awaiting price reaction for this filing.
ACE Edutrend's board, meeting on January 12, 2026, approved unaudited standalone results for Q3 and nine months ended December 31, 2025. The company reported zero revenue from operations for the quarter and nine-month period, with the company itself noting that 'business activities have not been carried out.' Net loss for Q3 FY26 stood at ₹1.24 lacs versus ₹0.15 lacs in the previous quarter and ₹1.92 lacs in Q3 FY25. For the nine months, the loss widened to ₹7.23 lacs from ₹5.69 lacs in the comparable prior period. The board also approved a postal ballot to regularize the appointment of independent director Mr. Prasanna Mohapatra and withdrew a previously proposed five-fold hike in authorized share capital from ₹10 crore to ₹50 crore. The statutory auditor Asha & Associates issued an unmodified limited review report.
The company remains operationally dormant with no business activity and continuing quarterly losses, which raises concerns about its long-term viability. Withdrawal of the share capital expansion suggests management has shelved immediate fundraising plans despite the lack of operations. Shareholders should view this as a negative signal regarding the company's business direction.