this is to inform you that the Board of Directors of KD LEISURES LIMITED at their meeting held on Thursday, 15th January, 2026, at the Corporate office of the Company situated at B -10/665/1, ....
Awaiting price reaction for this filing.
KD Leisures Limited reported zero revenue from operations for Q3 FY26 (December 2025), same as previous quarters. The company posted a net loss of Rs. 0.45 lakhs for the quarter and Rs. 0.95 lakhs for the 9-month period (April-December 2025). The statutory auditor issued a qualified review report citing two concerns: (1) management did not provide confirmations for closing balances of loans and advances, making it impossible to verify those figures; and (2) the company has failed to file Income Tax Returns under Section 139 of the IT Act from Assessment Year 2021-22 onwards, exposing it to penalties. The company's other equity stands at negative Rs. 162.14 lakhs against a paid-up capital of Rs. 324 lakhs, indicating accumulated losses have eroded more than half the equity base.
This is a severely distressed result — the company has no operating revenue, mounting losses, negative equity, and serious compliance failures including tax return non-filing. The auditor's qualification raises questions about the reliability of financial figures. Shareholders should be extremely cautious as the company appears to be a non-operational entity with material uncertainties.