Declaration for Reg. 23(9) along with Audited Results for Mar 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shree Manufacturing Company Ltd reported audited financial results for FY 2025-26 (year ended 31 March 2026). The company posted zero revenue from operations for both the current and previous year, with other income also at Rs. 0 in FY 2025-26 versus Rs. 25.40 Lacs in the prior year. The net loss for the year widened significantly to Rs. 14.93 Lacs compared to a loss of Rs. 0.17 Lacs in FY 2024-25. Operating cash flow was negative at Rs. 11.77 Lacs. The statutory auditor (Ramanand & Associates) issued an unmodified clean opinion with no qualifications. The company also appointed a new secretarial auditor (Payal Tachak and Associates) and an internal auditor (Vishal Chavda). Related party transaction disclosure under Reg. 23(9) is not applicable to the company.
The company is essentially a dormant entity with no operating revenue and a widening loss, which is a concern for shareholders. The clean audit opinion provides some assurance on financial reporting quality, but the zero-revenue trajectory and negative operating cashflow suggest limited business activity.