Dear Sir/Ma'am, Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and with reference to the captioned subject, we wish to ....
Awaiting price reaction for this filing.
The board approved unaudited financial results for the quarter and nine months ended December 31, 2025. Revenue from operations is nil across all reported periods, with total income of just Rs. 0.14 lakh in Q3 and Rs. 0.62 lakh in 9M FY26. The company posted a loss after tax of Rs. 9.55 lakh in Q3 FY26 and Rs. 50.91 lakh in 9M FY26, a slight improvement over the Rs. 90.79 lakh loss in 9M FY25. EPS was Rs. -2.60 for the quarter and Rs. -9.24 for nine months. The auditor drew attention to the ongoing pre-packaged insolvency resolution process, under which share capital was reduced from Rs. 600.55 lakh to Rs. 38.24 lakh following the NCLT-approved resolution plan of September 2023, though related filings with the stock exchange are still pending. The board also deferred a decision on continuing an independent director above age 75.
The company remains effectively non-operational with no revenue and persistent losses, and is still completing formalities of its insolvency resolution plan. Shareholders should note the significant past capital reduction and ongoing uncertainty around the company's revival, which could weigh on the stock and limit near-term price catalysts.