Revised Results for the Quarter ended 31/12/2025
Awaiting price reaction for this filing.
Suryachakra Power Corporation Ltd reported zero revenue from operations for Q3 ended December 2025, with a net loss of Rs. 2.20 Lakhs. The company explicitly states it has not started any business operations yet. The filing reveals the company is under liquidation proceedings initiated by NCLT Hyderabad in September 2022, and was subsequently sold as a going concern to Indo Aquatics Limited (assigned to Reddy Investments Private Limited). The statutory auditor issued a modified conclusion on the limited review report due to ongoing liquidation and takeover activities. Share capital remains at zero, and the company awaits final takeover completion including RTA records.
This is a distressed company in liquidation with no operational revenue and negative profitability. The modified auditor conclusion highlights going concern uncertainty. Shareholders should note the company is essentially a shell awaiting complete takeover by the new acquirer.