Please find attached herewith Annual Report for the Financial Year 2020-21 .
Awaiting price reaction for this filing.
Garlon Polyfab Industries has submitted its Annual Report for FY 2020-21. The company has had no business activity for several years, with sales and other income reported as nil for both the current and previous year. Total expenses of Rs. 2,43,983.69 were booked, resulting in a loss after tax of Rs. 2,43,983.69, compared to a loss of Rs. 1,00,552.10 in FY 2019-20. Earnings per share stood at negative Rs. 0.05. The company is non-operational and is actively seeking strategic investors to revive operations. No dividend has been recommended.
The stock remains a dormant, loss-making shell with no revenue and mounting annual losses. Shareholders face continued uncertainty, as the company's revival depends entirely on finding strategic investors. This is a high-risk situation for investors.