Outcome of Board Meeting held on 11th November, 2025
Awaiting price reaction for this filing.
The Board of Directors of BKM Industries Limited approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025, along with the Limited Review Report from statutory auditors Prabhat & Co. (which was unmodified). The company disclosed that it is currently under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, with manufacturing activities suspended and no revenue from operations during the period. The results reflect continued losses, deeply negative other equity (Rs. (184.92) lakh standalone; Rs. (842.97) lakh consolidated), current borrowings of Rs. 1,280.30 lakh, and negative operating cash flows. Subsidiary/associate Euroasian Ventures FZE contributed a share of net loss of Rs. 77.53 lakh for the quarter and Rs. 157.87 lakh for the half year.
Shareholders face continued uncertainty as the company remains under insolvency proceedings with halted manufacturing, nil revenue, and worsening negative net worth — the stock is likely to stay volatile and thinly traded until a resolution plan is approved by NCLT.