Simplex Infrastructures Limited has informed the Exchange regarding Board meeting held on February 12, 2026.
SIMPLEXINF · price
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Awaiting price reaction for this filing.
Simplex Infrastructures' board met on February 12, 2026 and approved the unaudited Q3 and 9-month FY26 results (ended December 31, 2025). On a standalone basis, the company swung to a loss of ₹1,252 lakhs in Q3 FY26 versus a profit of ₹323 lakhs in Q3 FY25, with 9-month losses of ₹3,857 lakhs versus a profit of ₹842 lakhs last year. Consolidated 9-month results showed a loss of ₹3,597 lakhs versus a profit of ₹1,551 lakhs. The debt-to-equity ratio remains elevated at 1.68x (standalone) and 1.98x (consolidated), and the company continues to work through its Master Restructuring Agreement with NARCL, with overdue debt to non-assigned lenders at ₹14,218 lakhs. The board also re-appointed two Independent Directors for second terms and approved an EGM for April 22, 2026. The Monitoring Agency (CARE Ratings) flagged that the share price has fallen below the warrant conversion price, and noted the company's CARE D / INC rating due to ongoing debt servicing delays.
Negative for shareholders — the company has slipped into significant losses both quarterly and for the 9-month period, while the CARE D rating and share price falling below warrant conversion price raise concerns about the company's financial health and the success of its debt restructuring. Investors should monitor Q4 results and the EGM outcome closely.