Reference to the subject mentioned above, this is to inform you that the meeting of the Board of Directors of the company concluded at 4.00 P.M which was held on Thursday, 12th February, ....
Awaiting price reaction for this filing.
The Board of Directors approved unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) on February 12, 2026. The company reported zero revenue from operations in Q3 FY26 as well as in 9M FY26, with total income falling to nil from Rs. 61.84 lakhs in the prior year. The Q3 loss before tax was Rs. 6.05 lakhs versus a profit of Rs. 60.31 lakhs in Q3 FY25, while the 9M FY26 loss stood at Rs. 22.80 lakhs versus a profit of Rs. 47.92 lakhs last year (the prior year income being entirely a writeback of an old payable barred by limitation). The statutory auditor carried out a limited review and flagged a going-concern qualification, noting that the net worth is fully eroded and uncertainty remains over the company's ability to continue as a going concern — a qualification carried repeatedly for many years. Operating cash flow for 9M FY26 was negative at Rs. (28.33) lakhs, funded partly by additional borrowings of Rs. 34.87 lakhs.
This is materially negative for shareholders — operations remain dormant with no operating revenue, the company is loss-making, net worth is fully wiped out, and the auditor continues to qualify the accounts on going-concern grounds. Investors should view this as a high-risk micro-cap with the stock exposed to continued listing-compliance and solvency concerns.