BSEMajestic Research Services and Solutions LtdHighNeutral
Announced Wed, 8 Jul · 21:03 IST
H1 FY26 results show Rs 1,539 lakh loss under new management after CIRP resolution
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Half year ended Sep 2025: loss of Rs 1,538.75 lakhs (EPS minus 15.35), mainly from one-time exceptional items of Rs 1,522.74 lakhs due to CIRP write-offs. Revenue only Rs 2.99 lakhs. NCLT approved Resolution Plan on 20 Jun 2025, company now under new management. Auditor issued Disclaimer of Opinion; negative net worth of Rs minus 237.32 lakhs and going concern doubts flagged. New auditor JJ Patel and Associates appointed.
Likely market impact
Negative net worth and going concern uncertainty. Loss mainly from one-time CIRP write-offs, not operations. New management in place. Auditor disclaimer is a concern.