We wish to inform that a Meeting of the Board of Directors of the Company was held today i.e. Thursday 28th May, 2026 at the registered office of the Company where in the following matters ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Cemantic Infra-Tech Limited approved the audited financial results for Q4 and full year ended 31 March 2026. The company reported zero revenue from operations with total income of just Rs 0.30 lakhs from other income. However, total expenses were Rs 37.48 lakhs, resulting in a net loss of Rs 37.18 lakhs for FY 2025-26, compared to a loss of Rs 30.72 lakhs in the previous year. EPS deteriorated to Rs -0.14 per share from Rs -0.12. The balance sheet shows severe stress with negative other equity of Rs 2,276.50 lakhs and short-term borrowings of Rs 265.70 lakhs. Statutory auditors M/s Suryanarayana & Suresh issued an unmodified (clean) opinion on the financial statements. The Board also reviewed related party transactions, updated its RPT policy, and reappointed internal auditors for 2026-27.
The company is essentially a shell with no revenue operations and mounting losses. The negative equity reserves and heavy reliance on borrowings signal extreme financial distress. Despite the clean audit opinion, investors should be highly cautious as the stock appears to be a penny stock with no viable business operations.