This is to inform you that the Board of Directors of HFC in its meeting held today i.e on 12.02.2026 have inter-alia considered approved the unaudited financial results of the Corporation ....
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The Board approved the unaudited financial results for the quarter and nine months ended 31 December 2025, along with a Limited Review Report by Prem Ravinder & Co. The auditor drew specific attention to the fact that the Corporation has recommended to the Haryana State Government its winding up and liquidation under Section 45 of the State Financial Corporations Act, 1951, and that the State Government has decided to delist the company's shares from BSE, with the process underway. The auditor explicitly stated these conditions indicate a material uncertainty that may cast significant doubt on the Corporation's ability to continue as a going concern, though the review opinion itself remains unmodified. The Corporation reported a net loss for the nine-month period (approximately ₹2.43 crore) and paid ₹5.17 crore to the State Government during the quarter towards minimum guaranteed dividend payable up to FY 2000-01.
This is a highly negative filing for shareholders — the company is in active liquidation and its BSE listing is being delisted. Equity shareholders are likely to receive little to nothing in a wind-up scenario, making this effectively a terminal event for the stock. Investors should treat the equity as high-risk and monitor developments on the delisting and liquidation timeline closely.