Outcome of Board Meeting for Unaudited Financial Results for the quarter ebed on 30.06.2025
Awaiting price reaction for this filing.
Mangalya Soft-Tech Limited's board approved unaudited standalone financial results for the quarter ended June 30, 2025 (Q1 FY26). The company reported zero revenue from operations and zero other income, with total expenses of Rs. 4.34 lakhs leading to a net loss of Rs. 4.34 lakhs versus a loss of Rs. 0.16 lakhs in Q1 FY25. Loss per share stood at Rs. (0.83). The auditor's report carries an Emphasis of Matter noting that the company was previously under CIRP, its networth is fully eroded due to accumulated losses, and the merger with Ratnakar Securities Pvt Ltd is pending SEBI registration formalities. The board also appointed Shah & Shah Associates as Secretarial Auditor for 5 years (FY26–FY30), subject to shareholder approval.
The company remains a non-operating entity with no revenue and a fully eroded networth, while the merger with Ratnakar Securities is still pending regulatory completion. Shareholders should view this as a highly speculative stock with significant going-concern risk until the merger becomes effective and the merged entity begins operations.