As per PDF Attached
Awaiting price reaction for this filing.
ACE Edutrend Ltd reported zero revenue from operations for both Q4 and FY 2025-26, with only Rs 0.04 million in other income. The company posted a net loss of Rs 0.30 million for Q4 and Rs 1.60 million for the full year, compared to a loss of Rs 6.63 million in the previous year. Total expenses reduced significantly from Rs 6.00 million to Rs 1.02 million year-over-year. The auditor issued an unmodified opinion with no qualifications. The company noted that business activities have not been carried out and assets are not in use. Governance changes include appointment of Mrs. Payal Sharma as Non-Executive Independent Director and appointment of a new internal auditor.
The company is essentially non-operational with zero revenue and continued losses. While losses have reduced significantly, the negative equity of Rs 12.26 million and cash outflows indicate serious financial stress. Shareholders should be cautious as the going concern risk remains elevated despite auditors not qualifying their opinion.