The Stock Exchange and Stakeholders are requested to take on record Outcome of the Board Meeting as attached herewith.
Awaiting price reaction for this filing.
Univa Foods Ltd reported FY26 results with revenue of Rs. 5 lakhs, down sharply from Rs. 20 lakhs in FY25 (75% decline). The company posted a net loss of Rs. 12.86 lakhs for FY26, an improvement from Rs. 20.84 lakhs loss in FY25. Q4 FY26 showed a profit of Rs. 12.80 lakhs vs a loss of Rs. 0.72 lakhs in Q4 FY25. The company's balance sheet shows negative equity of Rs. 88.45 lakhs (up from Rs. 75.59 lakhs negative). Statutory auditors B.M. Gattani & Co. issued an unmodified (clean) audit opinion. The board also appointed M/s. Akash Prajapati and Company as internal auditors for FY25-26 and FY26-27. Deferred tax assets were not recognized due to lack of virtual certainty of future taxable income.
Despite improved losses year-over-year, the company faces severe financial stress with negative equity, near-zero revenue, and negative equity - raising significant doubts about its ability to continue as a going concern. The stock remains a high-risk micro-cap with minimal business activity.