Outcome of Board meeting held on 14.11.2025
Awaiting price reaction for this filing.
The Board of Taaza International Limited approved unaudited financial results for the quarter and half-year ended 30 September 2025. The company reported zero revenue from operations and zero other income, with total expenses of Rs 13.42 lakh in Q2 and Rs 13.67 lakh in H1, resulting in a net loss of Rs 13.42 lakh for Q2 and Rs 13.67 lakh for H1 (vs Rs 2.66 lakh loss in H1 FY25). Most alarmingly, the company's net worth turned deeply negative at Rs (928.14) lakh as on 30 September 2025, down from a positive Rs 700.96 lakh on 31 March 2025, driven by a sharp drop in equity share capital (from Rs 725.81 lakh to Rs 28.67 lakh) and other current liabilities spiking to Rs 913.91 lakh from Rs 49.83 lakh. Cash position is critically low at Rs 11.66 lakh, while trade receivables and investments have been wiped to zero. The auditor (Boppudi & Associates) issued a clean limited review report.
This filing raises serious going-concern red flags — negative book value, zero revenue, widening losses, and a capital base near zero. Shareholders face elevated risk of trading suspension, further equity dilution, or corporate distress actions; the stock is likely to come under heavy pressure.