Kids Medical Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/05/2025 ,inter alia, to consider and approve 1. To consider and approve ....
Awaiting price reaction for this filing.
Kids Medical Systems Ltd has called a Board Meeting on May 2, 2025 at 11:00 a.m. at its Ahmedabad registered office. The Board will consider and approve a large batch of long-pending financial results covering eight periods — from the half-year ended September 30, 2019 through the audited year ended March 31, 2023 — along with the limited review reports from the statutory auditor for each. This means the company is seeking to clear a backlog of roughly five to six years of financial reporting in a single board meeting. Managing Director Neha Kishor Gokhru (DIN: 06491544) has signed the intimation filed with BSE under Scrip Code 540812. No actual numbers, dividends, or new business decisions are on the agenda — only the clearance of overdue results.
This is a major red flag for shareholders. A company catching up on financial results that are 5-6 years old raises serious concerns about past compliance, transparency, and corporate governance. Once the actual numbers are disclosed, investors should carefully check for revenue trends, losses, auditor qualifications, and any going-concern issues before making decisions.