Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company had at its meeting held on 14th November 2025, ....
Awaiting price reaction for this filing.
Bheema Cements' Board approved unaudited results for Q2 and H1 FY26 (ended Sept 30, 2025). Revenue from operations is effectively nil — total income was just ₹0.96 lakh in Q2 and ₹6.52 lakh in Q1, suggesting the company's cement operations have practically stopped. The company posted a loss of ₹751.32 lakh in Q2 and ₹1,486.04 lakh in H1 FY26 (vs ₹1,635.95 lakh loss in H1 FY25). Total equity has turned negative at ₹(197.16) lakh as against ₹1,288.88 lakh at March 2025. The statutory auditor (N G Rao & Associates) issued a Qualified Conclusion, flagging that the company failed to pay dues to Union Bank of India and JM Financial Asset Reconstruction as per NCLAT orders, triggering liquidation petitions — explicitly stating this creates a material uncertainty about the company's ability to continue as a going concern. The auditor also flagged non-payment of TDS (₹4.42 lakh) and noted that SEBI has suspended trading because annual listing fees remain unpaid.
Highly negative for shareholders — going concern doubt, negative book value (equity wiped out), suspended trading on BSE, and unresolved creditor defaults make this stock extremely risky. Investors should treat any price movement with extreme caution.