Board approves Q1 FY27 results; AGM set for Sep 30, 2026
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Board approved unaudited standalone Q1 FY27 results for the quarter ended June 30, 2026. Revenue from operations stands at zero as the company has no active business and is seeking a new project. Net loss widened to Rs 5.12 lakh versus Rs 4.08 lakh in the year-ago quarter. Auditor flagged material uncertainty on going concern given negative net worth and current liabilities exceeding assets. AGM scheduled for September 30, 2026 via video conferencing.
Going concern flag, zero revenue, and persistent losses raise viability concerns, though holding company has pledged funding support.