This is to inform you that the Board of Directors of the Haryana Financial Corporation (HFC) in its meeting held today i.e. on 13.11.2025 have inter-alia considered and approved as under:- 1. ....
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Awaiting price reaction for this filing.
The Board of Haryana Financial Corporation (HFC), a state-level financial institution under the SFCs Act, 1951, approved its unaudited financial results for the quarter and half year ended 30 September 2025. Total income collapsed sharply to about ₹0.61 crore in Q2 FY26 from ₹7.44 crore in Q2 FY25, and the Corporation reported a net loss of ₹0.33 crore for the quarter (slightly narrower than last year's ₹0.61 crore loss). Cumulative accumulated losses stood at ₹756.91 crore against a share capital of only ₹207.66 crore. The filing carries a critical disclosure (Note 3): HFC has recommended winding up/liquidation under Section 45 of the SFCs Act to the Haryana State Government, which has already decided to delist the shares from BSE. The auditor's Limited Review Report explicitly flagged this as a material uncertainty that may cast significant doubt on the Corporation's ability to continue as a going concern.
This is effectively a dissolution-stage announcement for shareholders — the company is being wound down, delisting from BSE is underway, and the auditor has raised a going-concern flag. Trading volumes and liquidity in the stock will diminish, and equity holders face real risk that recoveries (if any) may be limited given accumulated losses of ₹756.91 crore vastly exceeding share capital. Existing shareholders should brace for likely low or zero residual value.