Pursuant to your email dated August 16, 2025 and further to our earlier submission dated August 14, 2025, please find the brief profile of Company Secretary
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nilachal Refractories reported its Q1 FY26 results (quarter ended June 30, 2025), posting a net loss of Rs. 42.10 lakhs and a negative net worth of Rs. 2,836.01 lakhs, with total liabilities exceeding total assets. The statutory auditor flagged a material uncertainty regarding the company's ability to continue as a going concern and noted several concerns including an impairment loss of Rs. 1,933.88 lakhs recognised in the previous quarter based on a valuation not fully compliant with the law. The Board accepted the resignation of Company Secretary Mr. Sukomal Kanti Guha (effective August 1, 2025) and CFO Mr. Dukhabandhu Prusty (effective August 14, 2025), both citing personal reasons. Mr. Vijay Kumar Gupta was appointed as the new Company Secretary and Mr. Jugal Kumar Sharma as the new CFO, both effective August 14, 2025.
Negative for shareholders — the company is loss-making with deeply negative net worth, going-concern doubts from auditors, and a complete changeover of both key managerial personnel (CS and CFO) in a single sitting, signalling governance and financial stress.