The Board of Directors at its Meeting held today, i.e., November 13, 2025, has inter-alia considered, approved and taken on record the Unaudited Financial Results Of The Company For The ....
Awaiting price reaction for this filing.
The Board approved the unaudited financial results for Q2 FY26 and H1 FY26, reviewed by auditors SSRV & Associates with a clean limited review opinion. The company reported zero income from operations and zero other income, resulting in a net loss of ₹3.42 lakh for the quarter and ₹15.90 lakh for the half year (vs. ₹11.88 lakh loss in H1 FY25). The balance sheet shows severely negative shareholder equity of -₹1.48 crore, with accumulated losses of -₹4.93 crore against share capital of ₹3.45 crore. Total assets stand at just ₹37.7 lakh, while non-current borrowings are ₹1.68 crore, and cash equivalents are a meager ₹50,587. Operating cash flow for H1 was negative at -₹5.06 lakh.
This is a deeply concerning filing for shareholders. The company has completely eroded its net worth (negative equity of ₹1.48 crore), is running on essentially no revenue, reporting widening losses, burning cash from operations, and carries borrowings far exceeding its total assets. These factors together raise serious going-concern questions about the company's ability to continue as a going concern. Investors should treat this as a high-risk situation.