OMKARCHEMNSEOmkar Speciality Chemicals Limited· Chemicals - SpecialityHighNeutral
Announced Fri, 7 Aug, 2026 · 19:22 IST
FY26 audited results filed; CIRP resolution plan implemented during the year
Going ConcernEmphasis Of MatterResults RestatedAuditor Mid Year ChangePat NegativeNegative Operating CashflowResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved audited FY26 results showing revenue of just Rs 0.82 lakhs and a net loss of Rs 158.88 lakhs, wider than last years Rs 130.37 lakhs. During the year, the NCLT-approved resolution plan by Khitij Polyline was implemented, restructuring borrowings from Rs 38,235 lakhs down to Rs 311 lakhs. Auditor flagged going concern and the resolution plan in emphasis of matter. New auditor R.R. Tibrewala replaced the previous auditor who resigned mid-year.
Likely market impact
Debt nearly wiped out via resolution plan but operations remain minimal with continued losses and negative operating cash flow.