Q1 loss of Rs 226 cr, registered office shift to Tamil Nadu, promoter loans okayed
BGRENERGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Board approved Q1 FY27 results: standalone loss of Rs 226.07 cr versus Rs 263.02 cr loss YoY on revenue of Rs 15.30 cr. Finance costs stood at Rs 203.79 cr. Approved re-appointment of MD Arjun Raghupathy for 5 years, appointed new President, unsecured loan of Rs 29 cr from MD, and up to Rs 150 cr from promoter group with equity conversion option. Also approved shifting registered office from Andhra Pradesh to Tamil Nadu. NCLT insolvency order stayed by NCLAT till 30 July 2026.
Stock remains under stress with heavy losses and rising debt. Promoter funding is a lifeline, but NCLT proceedings and going concern doubts remain key overhangs.