Pursuant to regulation 30 and 33 of SEBI LODR Regulation 2015, we attached herewith Audited Financial results (Consolidated and Standalone) for the year ended 31st March 2026.
Awaiting price reaction for this filing.
Atcom Technologies Ltd has published its audited results for FY2026 with the auditors issuing a Disclaimer of Opinion on the standalone financial statements, citing multiple material uncertainties. The auditors were unable to obtain sufficient appropriate audit evidence on trade receivables, loans to subsidiaries, pending legal actions, and bank account attachments. The company has accumulated losses, its net worth is substantially eroded, and it is currently under liquidation in the High Court while a restructuring scheme has been filed with NCLT. The company also failed to translate foreign currency monetary items per Ind-AS 21. On the consolidated side, all term loans and working capital facilities are classified as NPAs with no interest provisions made. The company has disputed income tax demands totalling approximately Rs. 20.32 crore spanning multiple years, and has defaulted on bank dues exceeding Rs. 9,759 lakh across seven lenders including SBI, IFCI, and Dena Bank.
This is a highly distressed result filing. The disclaimer of opinion, going concern doubts, NCLT proceedings, and massive bank defaults indicate the company is in severe financial distress. Shareholders face extreme risk of value erosion or near-total loss. This is not a routine result filing.