Outcome of meeting of the Board of Directors of B J Duplex Boards Limited ('the Company') in terms of the provisions of Regulation 30 read with Regulation 33 of the Securities and Exchange ....
Awaiting price reaction for this filing.
The Board approved standalone unaudited financial results for Q2 and H1 FY26 on November 14, 2025. Revenue from operations is essentially nil, with total income of just Rs 0.30 lakh for the quarter. The company reported a loss before tax of Rs 13.54 lakh in Q2 FY26 and Rs 21.23 lakh in H1 FY26, widening sharply from Rs 9.87 lakh loss in H1 FY25. Other equity has deteriorated to negative Rs 237.62 lakh, making total equity negative at Rs 44.80 lakh (vs. negative Rs 172.26 lakh at March 2025). Operating cash flow is deeply negative at Rs 154.99 lakh for H1 (vs. Rs 8.76 lakh outflow last year). The company also allotted 1.41 crore equity shares on a preferential basis to Prabhatam Investments and Mayank Gupta following an open offer, marking a change of control.
The company is in serious financial distress — negative book value, persistent and widening losses, near-zero revenue, and heavy cash burn point to going-concern risk. Shareholders face significant dilution and uncertainty, though the change of control and preferential infusion may signal an attempted turnaround or restructuring.