In terms of Regulations 30 and 33(3) of SEBI (LODR) Regulations, 2015, this is to inform that the Meeting of the Board of Directors of the Company was held today on 25th May, 2026, Monday ....
Awaiting price reaction for this filing.
Nutraplus India Ltd reported zero revenue from operations for Q4 and FY 2025-26, with total income of only Rs. 15.77 Lakhs from other income. The company posted a net loss of Rs. 34.01 Lakhs for the year, compared to a loss of Rs. 5.01 Lakhs in the previous year. The balance sheet shows severe distress with negative net worth of Rs. 569.02 Lakhs. The auditors issued a qualified opinion citing multiple issues: unconfirmed trade receivables of Rs. 33.54 Lakhs, unconfirmed other current assets of Rs. 389.42 Lakhs, and failure to prepare consolidated financial statements for its 33.58% stake in Techno Point Mercantile Private Limited. The company's own notes explicitly state that the Going Concern concept is completely vitiated with no hope for any restructuring plan, as all property, plant and equipment were lost under SARFAESI proceedings and all business activities have ceased.
The company is essentially a shell with no operating business, negative equity, and mounting losses. The auditors have flagged a material uncertainty regarding going concern, making this stock extremely high-risk for any investor. Shareholders face potential total loss of investment.