BSEFutura Polyesters LtdHighNeutral
Announced Tue, 8 Sept, 2026 · 16:25 IST
Delayed Dec 2021 results filed with qualified audit, going concern doubt
Price reaction
Awaiting price reaction for this filing.
AI summary
Futura Polyesters filed delayed Dec 2021 results along with 18 other pending quarters. Revenue from operations is nil as manufacturing was discontinued in Dec 2012. Loss from discontinued ops: Rs 140.28 lakhs for the quarter and Rs 419.53 lakhs for 9M FY22. Auditor issued a qualified conclusion citing fully eroded net worth, NPA debt, and going concern uncertainty. Company paid Rs 243.45 crore OTS to lenders in June 2025. Shares remain suspended.
Likely market impact
Severely negative. Distressed company, no operations, qualified audit, going concern doubt, shares suspended. Avoid.