The outcome of the meeting in which the policies were adopted has been attached herewith.
Awaiting price reaction for this filing.
KDJ Holidayscapes and Resorts informed BSE about its board meeting on November 14, 2025, where it approved the standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2025. The board also adopted 15 corporate governance policies including Whistle Blower, Related Party Transaction, POSH, Insider Trading, and Nomination & Remuneration policies. Standalone results show zero revenue, total expenditure of ₹12.02 lakhs, and a net loss of ₹12.02 lakhs (EPS of ₹-2.40). Consolidated results show a net loss of ₹19.42 lakhs (EPS of ₹-3.88) across its two subsidiaries (KDJ Hospital Ltd 51% and KDJ Hospitality Pvt Ltd 100%). The statutory auditor M/s DD Shah Patel & Co. issued a Disclaimer of Opinion on both sets of results because the company underwent Corporate Insolvency Resolution Process (CIRP), with the Resolution Plan approved by NCLT on March 4, 2025 and new management taking over.
Shareholders should note the auditor's disclaimer due to lack of historical records from before the Resolution Plan, which limits reliability of the numbers. Zero revenue and continued losses indicate the company is still in early recovery phase under new management post-CIRP, which is a significant risk factor for the stock despite the governance restructuring.