BSEInd Agiv Commerce LtdMediumNeutral
Announced Fri, 14 Nov · 16:19 IST

As per annexure attached

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Ind Agiv Commerce Ltd, at its meeting on 14th November 2025, approved the un-audited standalone and consolidated financial results for the quarter and half year ended 30th September 2025. For Q2 FY26, standalone total income stood at Rs. 36.35 lakhs (down sharply from Rs. 101 lakhs in Q2 FY25) with a net loss of Rs. 29.19 lakhs; H1 FY26 net loss widened to Rs. 64.31 lakhs against Rs. 40.48 lakhs in H1 FY25. The company also appointed Omprakash Keshavdev Harshwal (ACS No. 5042) as Company Secretary and Compliance Officer. Auditor issued a qualified opinion flagging non-provision of interest of Rs. 353.12 lakhs on delayed loans, multiple NBFC loan overdues, and unpaid statutory dues including PF, ESIC, TDS and PT. The Redfort Capital loan has been declared NPA with arbitration proceedings pending at Delhi High Court.

Likely market impact

Negative — company reported widening losses, a negative standalone net worth of Rs. (667.94) lakhs, qualified audit opinion citing non-provision of Rs. 353 lakh interest, multiple NBFC loan defaults and unpaid statutory dues. Shareholders should view this filing as a red flag indicating financial stress and recurring audit qualifications.