Pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended, we wish to inform that the Board of Directors of the Company (Power Suspended) at its meeting held today i.e. 29th October, 2025, upon authorisation of Resolution Professional of the Company has, inter alia, approved Unaudited Financial Results together with the Limited Review Report thereon by the Auditors for the quarter and half year ended 30th September, 2024
Awaiting price reaction for this filing.
CMI Limited has submitted its unaudited financial results for the quarter and half year ended 30th September 2024, along with the auditor's limited review report. The board meeting (which currently has suspended powers under the insolvency process) was held on 29th October 2025 and the results were approved by the Resolution Professional. The significant delay in filing these results — over a year after the reporting period — highlights ongoing operational and governance challenges. The phrase 'Power Suspended' confirms the company is under the Corporate Insolvency Resolution Process (CIRP) under the IBC, meaning the board of directors is not in control and the Resolution Professional is managing affairs. No specific revenue, profit, or margin figures have been disclosed in this announcement.
Shareholders should note that the company remains under insolvency resolution, which adds uncertainty around equity value recovery and future operations. The delayed and unaudited nature of the results limits visibility into actual financial health. Investors should treat this as a high-risk situation and watch for updates from the Resolution Professional on the resolution plan.