Intimation regarding Appointment of Director.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At its 1 November 2025 meeting, Suvidha Infraestate Corporation's board approved unaudited financial results for Q2 and H1 FY26 (ended 30 September 2025) and appointed Mr. Abhijeet Goswami (DIN: 09625519) as Additional Non-Executive Director and Chief Financial Officer effective the same date, subject to shareholder approval for the director role. The company reported zero revenue from operations in both Q2 and H1 FY26, with total expenses of Rs. 2.25 lakh in Q2 and Rs. 7.37 lakh in H1, translating to a loss before tax of Rs. 2.25 lakh and Rs. 7.37 lakh respectively (EPS of Rs. -0.03 and Rs. -0.09). The balance sheet shows negative total equity of Rs. -243.43 lakh due to accumulated losses, inventories of Rs. 201.28 lakh (unchanged), cash of just Rs. 2.03 lakh, and short-term borrowings of Rs. 368.13 lakh. Mr. Goswami holds 10,300 shares in the company and has over a decade of experience in accounting, management and administration.
Operations remain dormant with no revenue and sustained losses, and the company continues to carry heavy accumulated losses and borrowings against minimal cash, keeping the stock high-risk. The newly appointed CFO/Director brings fresh financial oversight, but investors should watch closely for any operational turnaround or further capital action given the weak fundamentals.