As per the PDF attached
Awaiting price reaction for this filing.
ACE Edutrend's board approved audited FY25 results showing virtually no business activity — total income was just Rs 0.04 million versus nil in FY24. Total expenses for the year jumped to Rs 6.00 million (from Rs 0.98 million), driven mainly by Rs 51.86 lakh in prior period expenses booked in Q4 FY25. Net loss for the year widened sharply to Rs 6.63 million (from Rs 1.63 million loss in FY24), with loss per share of Rs 0.72. The statutory auditor (Asha & Associates) issued an unmodified (clean) opinion on the results. The company also confirmed no public issue proceeds exist (Reg 32 not applicable), and appointed new internal and secretarial auditors for FY25-26. The filing notes that 'business activities have not been carried out' and assets are not in use.
The company is essentially dormant with negligible revenue, mounting losses, and negative other equity of Rs 12.21 million. Despite an unmodified auditor opinion, the worsening losses, negative operating cash flow, and lack of business activity are red flags for shareholders regarding the company's operational viability.