Pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with read with related circulars and notifications, We wish to inform you ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board, at its meeting on November 10, 2025, approved the unaudited standalone financial results for Q2 and H1 FY26. The company reported zero revenue from operations and only Rs 0.18 lakh in 'other income' per quarter, taking H1 FY26 total income to Rs 0.36 lakh (flat YoY). Employee and other expenses of Rs 14.07 lakhs pushed the company to a net loss of Rs 13.71 lakhs for H1 FY26, slightly wider than the Rs 13.16 lakh loss in H1 FY25. Total comprehensive loss for the period stands at Rs 13.71 lakhs, with negative reserves of Rs 1,880.56 lakhs against equity capital of Rs 2,000.20 lakhs. The notes explicitly flag that accumulated losses have eroded 50% of the company's net worth, a key regulatory red flag. Cash and equivalents have shrunk to Rs 1.81 lakhs and operating cash flow is negative at Rs (1.95) lakhs. The statutory auditor, Mohindra Arora & Co., issued an unqualified limited review report. No loans or debt securities are outstanding (all NIL), and related-party transactions are limited to routine director remuneration and sitting fees totalling Rs 3.36 lakhs.
This is a virtually dormant company with no operating business, persistent losses, deeply negative reserves, and a flagged 50% erosion of net worth — a serious going-concern warning for shareholders. With near-zero income, negligible cash, and no debt, there is little operational cushion, making this a high-risk, shell-like situation where investors should be cautious.