Setubandhan Infrastructure Limited has submitted to the Exchange, the annual financial results for the financial year ended March 31, 2025.This is the Post Facto Intimation of the Meeting of Resolution Professional held on December 01, 2025, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 of Setubandhan Infrastructure Limited (a Company undergoing Corporate Insolvency Resolution Process).The meeting commenced at 05:00 P.M. and concluded at 05:30 P.M., conducted in accordance with the powers vested in the RP under the Insolvency and Bankruptcy Code, 2016 ( the Code ).

Setubandhan Infrastructure Limited (formerly Prakash Constrowell Limited) is under Corporate Insolvency Resolution Process (CIRP) since November 28, 2022, after NCLT Mumbai admitted State Bank of India's petition under Section 7 of IBC. The Resolution Professional (Sandeep Maheshwari) held a meeting on December 1, 2025, and disclosed that the audited financial results for FY ended March 31, 2025 are significantly delayed because the suspended management has refused to hand over books of accounts despite repeated follow-ups. A resolution plan approved by the Committee of Creditors was rejected by NCLT on March 24, 2025, and the company's appeal at NCLAT (filed July 9, 2025) is pending. The audited results show a net loss of ₹1.51 crore on total income of just ₹23.22 lakh, with total assets and liabilities matching at ₹169.7 crore and net worth of ₹45.14 crore. The auditor issued a qualified opinion flagging 10+ issues including missing bank statements for 19 accounts, unrevalued assets, unverified inventory, lack of audit trail in accounting software, and non-compliance with related-party disclosure norms.