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's board approved standalone unaudited financial results for Q3 FY26 on 15 January 2026. The company reported zero revenue from operations and zero other income for the quarter, with total expenses of just Rs. 0.15 lakhs (entirely depreciation), resulting in a net loss of Rs. 0.15 lakhs. For the nine months ended December 2025, the cumulative net loss was Rs. 0.45 lakhs, and Other Equity stood at a negative Rs. (162.14) lakhs against paid-up equity capital of Rs. 324 lakhs. The statutory auditor flagged two material concerns: (1) confirmation of closing balances of loans and advances could not be obtained, and (2) the company has not filed Income Tax Returns under section 139 of the IT Act since Assessment Year 2021-22, exposing it to applicable penalties.
Multiple red flags for shareholders — no operating revenue, negative reserves indicating accumulated losses have eroded roughly half the share capital, ongoing tax non-compliance for several years, and an auditor unable to verify loan balances. The stock carries high risk and investors should seek clarity on any business revival plans or restructuring before taking exposure.