The Board of Directors at its meeting held today i.e. 27th May, 2026, have considered and approved the following agenda items: A) The Audited Standalone Financial Results for the Quarter ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pan India Corporation Ltd reported negligible revenue of Rs. 0.13 Lakh for FY 2025-26, with total income of just Rs. 4.20 Lakh including Rs. 4.07 Lakh other income. The company incurred a net loss of Rs. 53.55 Lakh, significantly improved from previous year's loss of Rs. 394.14 Lakh. The auditor issued an unmodified opinion confirming clean financials. Key concerns include cash losses in consecutive years (Rs. 53.55 Lakh current year, Rs. 394.15 Lakh previous year), outstanding income tax demands totaling Rs. 49.79 Lakh from AY 1993-98, and a disputed ROC fees liability of approximately Rs. 6.35 Crores pending in courts. The company has no PP&E, no inventory, and minimal operations. Negative working capital exists with current assets of Rs. 5.78 Lakh against current liabilities of Rs. 2.69 Lakh.
The significant reduction in losses is positive, but the company's near-zero revenue, accumulated losses of over Rs. 20.59 Crore, and legacy tax disputes present ongoing risks. The clean audit opinion provides some comfort to investors.