BSEWisec Global LtdLowNeutral
Announced Sat, 14 Feb · 17:53 IST

Outcome of the Board Meeting held on 14th February, 2026 at the registered office of the Company

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Wisec Global Limited's board, meeting at its registered office in Pitampura, Delhi on 14 February 2026, approved the unaudited standalone financial results for the quarter and nine months ended 31 December 2025. Revenue from operations stayed negligible at Rs 0.91 lakh in Q3 FY26 (vs Rs 0.01 lakh in Q2 FY26 and Rs 0.92 lakh in Q3 FY25), while total expenses stood at Rs 9.75 lakh, leading to a net loss of Rs 8.84 lakh for the quarter and Rs 15.47 lakh for the nine-month period. The company's paid-up equity capital is Rs 1,165.01 lakh (face value Rs 10), but reserves show a debit balance of Rs 1,187.06 lakh, meaning accumulated losses have wiped out shareholders' equity. Auditor MKRJ and Company issued a clean limited review report with no qualifications or material misstatements flagged. The company also disclosed nil outstanding debt and no defaults.

Likely market impact

The results highlight ongoing operational weakness with near-zero revenue and widening losses, combined with negative reserves that raise serious going-concern questions for shareholders. The stock is likely to remain thinly traded and under pressure until the company demonstrates a viable revenue model or turnaround plan.