Pursuant to Regulation 33(3) of SEBI (LODR) Regulations 2015, the un-audited financials results of the Company for the quarter ended 30.09.2025, was approved by the Board of Directors at ....
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Ind Bank Housing Ltd, a subsidiary of Indian Bank, submitted its Q2 FY26 (quarter ended 30 September 2025) un-audited results. The company has no business activity — its Certificate of Registration as a Housing Finance Company was cancelled by RBI in September 2023, and the Board has in-principle consented to wind up the company. Revenue from operations is zero, with only 'other income' of Rs. 5.87 lakhs in Q2 and Rs. 12.10 lakhs for H1 FY26. The company reported a net loss of Rs. 2.49 lakhs for the quarter and Rs. 13.40 lakhs for the half-year. Reserves are deeply negative at around Rs. 13,100 lakhs, meaning net worth is fully eroded. The auditor's review report flagged the RBI cancellation and the wind-up decision as key disclosures but did not qualify the results.
The stock represents a near-shell company in the process of being wound up, with negative reserves and no operating business — minority shareholders face very high uncertainty and likely nil recovery on equity. Expect continued low trading interest and any price movement to be driven by wind-up progress rather than fundamentals.