To Consider and approve: 1. Un-audited Financial Results of the Company for the Quarter and Half Year Ended September 30, 2025; and Statement of Assets and Liabilities & Cash flow Statement ....
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Terraform Realstate Ltd reported unaudited financial results for Q2 and H1 FY26 (ended September 30, 2025), showing no revenue from operations and a loss after tax of ₹2.94 lakhs for the half-year, slightly wider than the ₹1.78 lakh loss in H1 FY25. Total expenses stood at ₹2.53 lakhs against a negligible total income of ₹0.01 lakh, with EPS of ₹(0.59). The auditor (J.D. Zatakia & Co.) issued a clean limited review report with no qualifications or concerns flagged. Additionally, Managing Director Ms. Bhavisha Dedhia and Company Secretary Ms. Ankita Gupta both resigned effective November 5, 2025, citing personal reasons.
The company continues to post losses with effectively zero operating revenue and has accumulated negative reserves (₹-12.12 lakhs), raising concerns about its operational viability. The simultaneous exit of both the Managing Director and Company Secretary adds to governance uncertainty, which could weigh negatively on investor sentiment despite the small size of the financials involved.