This is to inform you that the Board of Directors of KD LEISURES LIMITED at their meeting held on Friday, 07th November, 2025, at the registered office of the Company at b- 702, 7th floor, ....
Awaiting price reaction for this filing.
KD Leisures Limited reported a net loss of Rs. 4.30 Lakhs for FY25, worsening from Rs. 1.00 Lakh loss in FY24. The company has zero revenue from operations with only Rs. 4.30 Lakhs in other income. The statutory auditor issued a QUALIFIED OPINION due to two critical issues: (1) inability to confirm loans and advances worth Rs. 176.50 Lakhs due to lack of management confirmations, and (2) non-compliance with Income Tax Act by failing to file Income Tax Returns since Assessment Year 2021-22, making the company liable for penalties. The company has negative other equity of Rs. 162.14 Lakhs and negative operating cash flow of Rs. 0.21 Lakhs.
The qualified audit opinion and non-filing of IT returns signal governance and compliance risks. The company's negative equity and operational losses indicate severe financial stress, making this a high-risk investment for shareholders.