Please find the attached Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Callista Industries reported FY2026 total income of Rs. 71.56 Lacs, a dramatic jump from Rs. 0.04 Lacs in FY2025, primarily due to 'Other income' of Rs. 71.56 Lacs. The company still posted a net loss of Rs. 0.31 Lacs for the year, though significantly improved from Rs. 63.12 Lacs loss in FY2025. The balance sheet reveals severe financial distress with negative equity of Rs. 78.05 Lacs and total liabilities of Rs. 290.38 Lacs. Key adjustments include reversal of Rs. 30 Lacs excess director remuneration and full write-off of Rs. 16.36 Lacs obsolete inventory. Statutory auditors M/s. Ramanand & Associates issued an unmodified opinion on the financial results.
The stock may face pressure due to negative net worth and ongoing losses, despite improved year-on-year performance. The negative equity of Rs. 78.05 Lacs signals potential capital erosion risk for shareholders.