Dear Sir/Madam, This is with reference to the captioned subject, the Board of Directors of the Company at their meeting held today, i.e.. 05% November, 2025, after deliberate discussions ....
Awaiting price reaction for this filing.
Linaks Microelectronics' board, at its meeting on 5 November 2025, approved unaudited standalone results for the quarter ended 30 September 2025. The company reported zero revenue from operations for the quarter (same as the previous quarter ended 30 June 2025), with total expenses of about ₹6.04 lakh (mainly depreciation and administrative costs), resulting in a loss after tax of ₹6.04 lakh and an EPS of negative ₹0.03. The balance sheet remains deeply stressed, with accumulated losses of around ₹26.20 crore wiping out the share capital of ₹4.95 crore, leaving negative net worth. Long-term borrowings stand at roughly ₹24.02 crore against total assets of just ₹3.04 crore and cash of only ₹2.54 lakh. The statutory auditor (RS JB & Associates) issued a clean limited review report with no qualifications or emphasis of matter.
This is a significant red flag for shareholders. The company has no operating revenue, is posting continuous losses, burning cash, and its liabilities vastly exceed its assets — classic going-concern concerns. Investors should treat this stock as highly risky pending any revival in business operations or restructuring of its large debt pile.