BSEShivom Investment & Consultancy LtdHighNeutral
Announced Wed, 7 Oct, 2026 · 12:21 IST

FY25 results approved; auditor flags IBC restructuring; company emerged from CIRP

Emphasis Of MatterDebt Equity ThresholdNegative Operating CashflowResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Board approved audited Q4 and FY25 results (ended 31 March 2025) along with Q1 FY26 results. Auditor gave unmodified opinion. Key Audit Matter highlights IBC Resolution Plan approved by NCLT on 18 Aug 2025, equity restructuring (1 share per 1000 held), and ongoing trading suspension. Total assets rose to Rs 4,225.74 lakh from Rs 3,833.06 lakh. Borrowings of Rs 3,025 lakh exceed equity of Rs 1,154.41 lakh. Other equity remains deeply negative at Rs -5,840.73 lakh. FY25 loss before tax was Rs -48.62 lakh.

Likely market impact

Company emerged from CIRP but has heavy accumulated deficit; debt exceeds equity. Trading remains suspended awaiting listing revocation.