As required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are attaching herewith Audited Financial Results for the Quarter and ....
Awaiting price reaction for this filing.
Classic Filaments Limited filed its audited results for Q4 and full year FY25 with BSE. The company reported zero revenue from operations and zero other income across all periods, indicating no active business. It posted a loss of ₹2.33 lakhs in Q4 FY25 versus ₹1.08 lakhs in Q4 FY24, while the full-year loss widened to ₹10.96 lakhs from ₹9.98 lakhs in FY24. Reserves are deeply negative at ₹(43.35) lakhs, meaning the company has eroded its net worth. Operating cash flow was sharply negative at ₹(67.18) lakhs and the cash balance fell from ₹70.89 lakhs to just ₹3.71 lakhs. Short-term borrowings nearly doubled to ₹27.53 lakhs. The statutory auditor (Lakhamkiya & Dosi LLP) issued an unmodified opinion but flagged an emphasis of matter relating to an Income Tax show-cause notice under Section 263 for FY 2018-19 concerning alleged bogus purchases.
This is a near-dormant shell company with no revenue, widening losses, negative reserves, and severe cash burn — raising serious going-concern doubts for shareholders. The stock remains highly risky and investors should weigh the possibility of further capital erosion or fundraising activity.