As per PDF Attached
Awaiting price reaction for this filing.
ACE Edutrend Limited reported its audited financial results for Q4 and FY ended March 31, 2026. The company posted zero revenue from operations for both current and previous year, with a net loss of Rs. 1.60 million for FY26 compared to Rs. 6.63 million in FY25 - a significant improvement in losses. Other income remained minimal at Rs. 0.04 million. The company explicitly stated that 'Business Activities has not been carried out.' The auditor issued an unmodified (clean) opinion. The board also approved appointment of Mrs. Payal Sharma as Non-Executive Independent Director and M/s Chandni Singla & Associates as Internal Auditor, along with reconstitution of key committees.
The company remains essentially dormant with no business operations. While losses have reduced substantially (76% improvement), investors should note the company has no revenue-generating activities and negative reserves of Rs. 12.26 million. The appointment of a new internal auditor and independent director suggests governance improvements but does not indicate operational turnaround.