Submission of Outcome of Board Meeting held on Tuesday, 12th August, 2025 at 03:30 p.m. at the Registered Office of the Company.
Awaiting price reaction for this filing.
The Board of Directors of Maa Jagdambe Tradelinks Limited met on August 12, 2025, and approved the unaudited standalone financial results for the quarter ended June 30, 2025. The company reported zero revenue from sales as well as zero other income during the quarter, with total expenses of Rs. 0.91 lakh (vs Rs. 0.33 lakh in Q1 FY25), resulting in a loss before tax of Rs. 0.91 lakh (vs loss of Rs. 0.33 lakh in Q1 FY25). For the full year ended March 31, 2025, the company posted a loss of Rs. 167.41 lakh on total expenses of Rs. 167.41 lakh with no revenue. The company's other equity is deeply negative at Rs. (1,669.14) lakh against a paid-up equity share capital of Rs. 1,568.50 lakh, indicating that accumulated losses have eroded the net worth. The statutory auditor (Girish G. Patwardhan) issued an unmodified limited review report with no qualifications or emphasis of matter.
Continued zero revenue and widening losses, combined with deeply negative other equity, raise serious concerns about the company's business viability and going-concern status. Shareholders should view this filing negatively as there is no operational activity being reported despite ongoing expenses.