We enclosed herewith copy of newspaper publication pertaining to Un-Audited Financial Results for the Quarter & Half-Year ended on 30th September, 2025
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MSL Global Limited (formerly Madhusudan Securities) published its unaudited Q2 FY26 and H1 FY26 results in The Free Press Journal and Navshakti on 15 November 2025. The company reported zero revenue from operations, with a standalone net loss of ₹5.59 lakhs in Q2 and ₹15.04 lakhs in H1 FY26, an improvement from a ₹42.22 lakhs loss in H1 FY25. On a consolidated basis, the H1 FY26 net loss was ₹49.16 lakhs, with basic/diluted EPS of -₹0.34. Equity share capital rose to ₹1,456.22 lakhs from ₹1,059.55 lakhs a year earlier, indicating a capital raise during the period. Importantly, the company disclosed it has acquired over 51% of Compliance Kart Private Limited, signalling a strategic shift beyond pure securities trading.
The company remains loss-making with no operating income, though standalone losses are narrowing. The subsidiary acquisition is a material development that could reshape the business, but shareholders should watch closely for revenue traction and clarity on the new venture, as near-term earnings power remains weak.