Intimation regarding appointment of Kashyap R. Mehta & Partners, Company Secretaries, Ahmedabad as Secretarial Auditors of the company due to Casual vacancy caused due to Resignation of ....
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Suvidha Infraestate Corporation reported audited FY2025-26 results with total income of Rs. 7.95 lakh, down sharply from Rs. 19.18 lakh in FY2024-25 — a revenue decline of ~58.5%. The company swung to a net profit of Rs. 1.46 lakh from a loss of Rs. 3.04 lakh in the prior year. Total equity stands negative at Rs. 243.91 lakh (reserves at negative Rs. 1,083 lakh), indicating heavy accumulated losses. Operating cash flow was negative at Rs. 5.84 lakh. The Board also appointed M/s. Kashyap R. Mehta & Partners as Secretarial Auditors to fill a casual vacancy caused by the resignation of M/s. Nishant Pandya & Associates. Statutory auditors issued an unmodified opinion. The company is not classified as a Large Entity under SEBI norms.
The company remains in financial distress with negative equity and low revenue. While it turned profitable in FY26, the scale is minimal and the balance sheet remains severely impaired, making this a high-risk, low-investment-appeal stock.