As per the PDF attached
Awaiting price reaction for this filing.
ACE Edutrend's board, at its May 21, 2025 meeting, approved audited financial results for Q4 and FY25. The company reported virtually zero revenue (₹0.04 lakh in FY25 vs nil in FY24) and explicitly stated that 'business activities have not been carried out.' Total expenses for the year were ₹6.00 lakh against ₹0.98 lakh last year, resulting in a net loss of ₹6.63 lakh (FY24 loss: ₹1.63 lakh), widening sharply. The auditor, M/s Asha & Associates, issued an unmodified (clean) opinion, though it flagged ₹51.86 lakh of prior period expenses charged to P&L. The company also appointed a new internal auditor (M/s Chandni Singla & Associates) for FY26 and a new secretarial auditor (M/s Chandan J & Associates) for FY25.
The stock remains effectively a non-operating shell with widening losses, negative reserves of ₹(12.21) lakh, and a near-empty cash balance of ₹0.11 lakh — raising serious going concern doubts for shareholders. Without a revival in business activity, the equity is being eroded each year and there is limited near-term value catalyst.