Pursuant to Regulation 30 of SEBI (LODR) Regulations 2015, We wish to inform you that Board of Directors at the Board Meeting held on today i.e. May 28, 2026, inter alia approved the Audited ....
Awaiting price reaction for this filing.
JPT Securities Limited reported massive losses for FY2026 with standalone net loss of Rs. 673.88 Lacs compared to loss of Rs. 20.00 Lacs in FY2025. Total income declined to Rs. 42.01 Lacs. The auditors issued an Emphasis of Matter noting that Inter-Corporate Deposits (ICD) of Rs. 6.49 crores have defaulted with 100% provision already made. Statutory dues of Rs. 2.85 crores remain unpaid for over six months indicating severe liquidity issues. The auditors explicitly stated that a material uncertainty exists regarding the Company's ability to continue as a going concern. Despite these concerns, the statutory auditors issued an unmodified opinion on the financial results.
The stock faces extreme risk due to the auditor's going concern warning, massive year-on-year loss expansion, and negative equity of Rs. 641.45 Lacs on standalone balance sheet. Shareholders should be extremely cautious as the company is technically insolvent with negative reserves.