This is to inform you that the Board of Directors of the Company at its Meeting held today i.e. 13th<BR> February, 2026 at Mumbai, inter alia has considered and approved the Standalone ....
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Awaiting price reaction for this filing.
Prag Bosimi Synthetics has reported deeply negative results for Q3 FY26, with revenue from operations falling to Rs 49.96 lakhs from Rs 81.60 lakhs in the same quarter last year, a drop of about 39%. The company posted a net loss of Rs 168.01 lakhs for the quarter and Rs 724.11 lakhs for the nine months ended December 2025. Standalone net worth has turned sharply negative at Rs (1,375.77) lakhs, indicating fully eroded shareholder equity. Production activities at the standalone unit remain suspended due to disconnection of power, and the company is trying to get power restored, revive the plant in phases, and recover a Rs 5.90 crore subsidy from AIDC. An ongoing legal dispute with 3A Capital Services (Rs 5.80 crore plus) continues in NCLT Guwahati.
This is a high-risk filing for shareholders. The company is loss-making, its standalone net worth is negative, production is shut, and cash flow depends on recovering pending subsidies. The stock carries significant going-concern and solvency risk, and there is no visible near-term trigger for a recovery in earnings.