The outcome of meeting of Board of Directors has been attached herewith.
Awaiting price reaction for this filing.
Alka India Limited (note: filing is from Alka India Limited, not Audroc Ltd) reported zero revenue from operations for Q3 FY26 and for the nine-month period ended December 31, 2025. The company posted a net loss of Rs 11.21 lakhs (standalone) and Rs 11.27 lakhs (consolidated) for the quarter, and Rs 64.19 lakhs for the nine months, against only minor 'other income' of Rs 0–6.63 lakhs. The statutory auditor (J.M. Patel & Bros) issued a Disclaimer of Opinion on both standalone and consolidated results, flagging seven emphasis-of-matter points including absence of operating income, non-recovery of a Rs 250.48 lakh advance and unvalued Rs 469 lakh investment in subsidiary Vintage FZE India, unresolved tax demands, and reliance on unaudited subsidiary financials. The filing also notes the company emerged from an NCLT insolvency process in February 2025, with old promoter shares cancelled and a new Resolution Applicant management taking over.
This is a deeply negative filing for shareholders — the company has no operating business, is bleeding cash through expenses, and the auditor could not confirm the value or recoverability of key assets. Shareholders should view this as a high-risk, speculative situation with material uncertainty about the company's ability to generate any future revenue.