Outcome of the Board meeting held on 26.05.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 5.3 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Jauss Polymers Ltd's statutory auditor Mahesh Yadav & Co. issued an ADVERSE opinion on the FY2026 financial statements. The company recorded NIL turnover for the year with a net loss of Rs. 463.08 lakhs, indicating it has ceased operations. The auditor found material uncertainty about the company's ability to continue as a going concern as management failed to perform a going concern assessment, provide future action plans, or prepare cash flow forecasts. Additionally, loans and advances of Rs. 469.09 lakhs (related to subsidiary Innovative Containers) were written off after confirmation balances could not be obtained. The company sold its investment in Innovative Containers for Rs. 394.44 lakhs, booking a profit of Rs. 39.44 lakhs. A new internal auditor, M/s Nayan Dedhia & Associates, was appointed for FY2026-27.
This is a highly critical filing. The adverse opinion and going concern uncertainty signal severe financial distress. The company has effectively ceased operations with zero revenue, and the auditor has raised red flags about management's inability to justify continuation as a going concern. Shareholders should be prepared for potential liquidation or significant restructuring.