We wish to submit that the Company had filed the outcome of board meeting on 14th November, 2025. However the attachment relating to the appointment of the Director was inadvertently not ....
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Awaiting price reaction for this filing.
SDC Techmedia Ltd (BSE-SME, Scrip Code 535647) submitted a response on November 20, 2025, explaining that the attachment for a director appointment was inadvertently omitted from its November 14 board meeting outcome filing, and re-uploaded the missing details. The underlying November 14 board meeting approved H1 FY26 (ended September 30, 2025) standalone unaudited results, which showed the company swinging to a net loss of ₹59.91 lakhs compared with a profit of ₹45.48 lakhs in H1 FY25. Revenue from operations fell to ₹506.52 lakhs from ₹577.15 lakhs. The statutory auditor issued a qualified opinion flagging two issues: absence of balance confirmation for trade receivables of about ₹7.35 crore (with ₹1.03 crore already provided as doubtful), and TDS defaults of ₹12.69 lakhs outstanding from FY15 to Q2 FY26. The board also appointed Ms. Megha Saraf (DIN 11365899), a Company Secretary with 11 years of experience, as Non-Executive Independent Director for a five-year term.
The auditor's qualified opinion on persistent trade receivable confirmations and decade-old TDS defaults raises governance red flags for shareholders. Combined with the swing to loss, negative reserves of ₹490.45 lakhs, and shrinking revenues, the news is likely negative for investor confidence, though the company is a small BSE-SME entity with limited market impact.