BSEMajestic Research Services and Solutions LtdCriticalNegative
Announced Thu, 30 Jul · 15:16 IST
FY26 Results: Auditor Disclaimer; Big Loss on Insolvency Write-offs
Going ConcernRevenue DeclinePat NegativeExceptional ItemResults RestatedResults View source PDFExplain this filing
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Auditor issued Disclaimer of Opinion on FY26 results. Net loss of Rs 1,547.59 lakhs, mainly from Rs 1,522.74 lakhs one-time exceptional write-offs after NCLT-approved resolution plan. Total income fell to Rs 2.99 lakhs from Rs 7.32 lakhs. Net worth turned negative at minus Rs 246.16 lakhs. Company emerged from insolvency under new management in June 2025. Auditor flagged material uncertainty over going concern and inability to verify balances.
Likely market impact
High risk: disclaimer of opinion, negative net worth, going concern doubt. Stock likely to see sharp negative reaction and low trading interest.