The reconstitution has been attached herewith.
Awaiting price reaction for this filing.
KDJ Holidayscapes reported its Board meeting outcomes held on August 26, 2025. The Board approved standalone and consolidated audited financial results for FY25 (year ended March 31, 2025) and unaudited results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, the company reported total income of Rs. 1.37 lakh, a net loss of Rs. 42.22 lakh, and a net worth of Rs. 893.91 lakh. On a consolidated basis, the net loss was Rs. 73.69 lakh with total assets of Rs. 6,673.46 lakh and net worth of Rs. 1,076.94 lakh. The statutory auditor issued a Disclaimer of Opinion for both sets of results, citing inability to verify trade receivables, payables, fixed assets, borrowings, and other balances due to non-availability of confirmations. The Board also appointed Ms. Heena Prajapati and Mr. Vinit Sinha as Additional Non-executive Independent Directors and reconstituted the Audit, Nomination & Remuneration, and Stakeholder Relationship Committees. The filing was delayed by a day due to technical issues, for which the company apologized.
Shareholders should note the auditor's disclaimer of opinion highlights serious data-verification gaps, and the company continues to post losses with negligible revenue. The company recently emerged from an NCLT-supervised insolvency resolution process (Resolution Plan approved March 4, 2025) with a new Board taking over, so these results reflect a transition period. The stock is likely to remain thinly traded and high-risk given the weak fundamentals and audit qualifications.