Outcome of Board Meeting
Awaiting price reaction for this filing.
The Board of Kilburn Office Automation approved its unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025), with the statutory auditor issuing an unqualified limited review report. The company reported zero revenue from operations for the quarter and negligible other income, with a loss after tax of ₹0.75 lakhs in Q2 (vs ₹0.65 lakhs loss in Q1 FY26 and ₹3.21 lakhs loss in Q2 FY25). Total expenses for the quarter were just ₹0.75 lakhs, comprising only other expenses. Equity share capital stands at ₹53.32 lakhs (down sharply from ₹675.01 lakhs earlier due to IBC-related share restructuring) and other equity is positive at ₹147.23 lakhs versus negative ₹464.07 lakhs a year ago. The company is essentially a non-operating entity post its Corporate Insolvency Resolution Process (CIRP), which was initiated in November 2022 and resolved in February 2024 when Candid Resources Limited's resolution plan was approved by NCLT Kolkata.
For shareholders, this is a near-dormant company with no revenue generation, minimal cash balance of just ₹2.47 lakhs, and continued losses — though the IBC resolution has wiped out historical liabilities leaving a cleaner balance sheet. The stock is likely illiquid and speculative with no clear operating visibility, making it high risk for retail investors.