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 reported virtually zero operating revenue (just ₹0.96 lakh of 'other income' for the quarter) against total expenses of ₹737.09 lakhs, resulting in a net loss of ₹751.32 lakhs for Q2 FY26 and ₹1,486.04 lakhs for the half year. Loss per share stood at ₹(2.30) for the quarter. The company's equity has turned negative (₹(197.16) lakhs) versus ₹1,288.88 lakhs a year ago, while current borrowings remain massive at ₹20,040.63 lakhs. The auditor issued a Qualified Conclusion flagging multiple NCLAT order compliance failures, unpaid TDS, non-payment of annual listing fees (SEBI has suspended trading), and stated that 'these conditions indicate the existence of a material uncertainty that may cast a significant doubt on the Company's ability to continue as going concern.'
This is a deeply distressed company — shareholders face an explicit going concern warning, trading has been suspended by SEBI, and there is real risk of liquidation proceedings reviving if debt repayment deadlines are missed again. The stock is effectively uninvestable until resolutions materialize, and existing holders could face near-total wipeout risk.