This is to inform you that the Board of Directors of KD LEISURES LIMITED at their meeting held on Tuesday, 30th December, 2025, at the Corporate office of the Company situated at B -10/665/1, ....
Awaiting price reaction for this filing.
KD Leisures Ltd reported zero revenue from operations for Q2 and H1 ended September 2025. The company posted a net loss of Rs. 0.15 lakhs for Q2 and Rs. 0.60 lakhs for H1. Other equity stands negative at Rs. 162.44 lakhs, indicating accumulated losses exceeding share capital. The statutory auditor issued a limited review report with emphasis of matter noting: (1) management did not provide confirmation for closing balances of loans and advances (Rs. 176.50 lakhs), raising concerns about asset verification; and (2) the company has failed to file Income Tax Returns since Assessment Year 2021-22, making it liable for penalties. Cash flow from operations is nil. Total assets are Rs. 186.52 lakhs against equity of Rs. 161.56 lakhs.
The company has no operating revenue and is burning cash with negative equity. The auditor's qualification on unverifiable loan balances and non-compliance with tax filings signals governance and compliance risks. Shareholders should be cautious as the company may face going concern doubts.