Pursuant to Regulation 33 and 30 read with Schedule III of SEBI (LODR) Regulation , 2015 we are pleased to inform you that the Board of Directors of the Company at its meeting held on 05th ....
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Terraform Realstate reported near-zero operating revenue for Q2 FY26 (Rs. 0.00 lakh) and H1 FY26 (Rs. 0.00 lakh from operations), continuing a pattern of negligible top-line activity. The company posted a loss after tax of Rs. 0.93 lakh in Q2 FY26 versus a loss of Rs. 0.87 lakh in Q2 FY25, with H1 FY26 loss widening to Rs. 2.94 lakh from Rs. 1.78 lakh in the prior-year period. Full-year FY25 had ended with a Rs. 7.13 lakh loss and negative reserves of Rs. 12.12 lakh as of 30 September 2025, indicating eroded shareholder equity. On the same day the results were approved (5 November 2025), the Managing Director Ms. Bhavisha Dedhia and Company Secretary Ms. Ankita Gupta both resigned, leaving key management positions vacant. The statutory auditor issued an unqualified limited review report with no qualifications or emphasis-of-matter paragraphs.
For shareholders, this is a weak signal — the company is loss-making with virtually no revenue and negative reserves, while losing both its Managing Director and Company Secretary on the same day raises governance and continuity concerns. The stock may face negative sentiment given the combination of deteriorating financials and simultaneous senior-level resignations.