The outcome of meeting of Board of Directors has been attached herewith.
Awaiting price reaction for this filing.
The Board of Alka India Limited (held via video conferencing on 15 Oct 2025, 3:00 PM to 3:45 PM) approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2025. The company reported zero revenue from operations for Q2 FY26, with a net loss of Rs. 11.23 lakh (standalone and consolidated), taking the H1 FY26 loss to Rs. 52.92 lakh. Basic and diluted EPS for Q2 stood at Rs. -0.22 and for H1 at Rs. -1.06. The statutory auditor issued a modified report (Disclaimer of Opinion), flagging that the company is in a post-NCLT restructuring phase with no operating income. Total assets shrank sharply from Rs. 5,746 lakh (Mar 2025) to Rs. 737 lakh (Sep 2025), and equity turned negative at Rs. -2.92 lakh as the NCLT-approved Resolution Plan cancelled old promoter shares, reduced share capital from Rs. 5,000 lakh to Rs. 50 lakh, and allotted new shares to the incoming promoter group and existing public shareholders.
The company is a non-operating, negative-net-worth shell post-NCLT restructuring with unresolved issues around subsidiary valuation (Rs. 469 lakh investment and Rs. 250 lakh advance not independently verified) and pending tax demands. Existing public shareholders have been diluted to just 5% of the restructured capital. The stock is highly risky and speculative; investors should track any revival plan from the new promoter before taking exposure.