Outcome of Board Meeting held on May 07, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company reported a net loss of Rs. 171.95 Lakhs for FY2025-26, a sharp decline from a profit of Rs. 19.87 Lakhs in the previous year. Revenue from operations dropped to near zero (Rs. 0.52 Lakhs total income) compared to Rs. 559.34 Lakhs last year, indicating a near-complete cessation of business activities. The company is planning a significant strategic shift - changing its name to either Kanzi Enterprise Limited, Asahi Enterprise Limited, or Siddhaa Enterprise Limited, and altering its MOA to move from healthcare to trade and service industry. The statutory auditor issued an unmodified opinion on the audited results.
The company has ceased healthcare operations and is pivoting to a completely new business line. Shareholders face uncertainty as the business model is fundamentally changing with significant losses and no revenue. The stock may be volatile as the new direction remains unclear.