The Board noted the Strike Off application to be filed by the Associate Companies namely; Ladam Foods Private Limited and Lacon India Limited under the provisions of Section 248(2) of the ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board of Ladam Affordable Housing, at its meeting on January 9, 2026, approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The board also noted strike off applications filed by two of its associate companies — Ladam Foods Private Limited and Lacon India Limited — under Section 248(2) of the Companies Act, 2013. Both associates are loss-making and were not being consolidated under Ind AS 28. The board acknowledged that the closure of these associates may impact the company's net worth. Standalone Q3 revenue stood at Rs 3.734 lakhs with a loss before tax of Rs 2.997 lakhs; consolidated Q3 revenue was Rs 4.210 lakhs with a loss before tax of Rs 2.945 lakhs.
Winding up of the two loss-making associate companies is a housekeeping exercise and may modestly reduce reported net worth, but is unlikely to materially affect operations given the associates were already loss-making and excluded from consolidated results. The continued quarterly losses and negligible revenues suggest weak business activity for the listed entity.