This is to inform you that the Board of Directors of KD LEISURES LIMITED at their meeting held on Thursday, 21st May, 2026, at the Registered office of the Company situated at Unit No. ....
Awaiting price reaction for this filing.
KD Leisures Ltd reported a net loss of Rs 2.10 lakhs for FY2026, compared to a loss of Rs 4.30 lakhs in FY2025. The company generated zero revenue as it remained completely inoperative during the year with no business activities carried out. The auditors issued a qualified opinion due to: (1) inability to confirm loans and advances balances, and (2) the company's failure to file Income Tax Returns since assessment year 2021-22. Total assets stood at Rs 186.52 lakhs with equity of Rs 159.76 lakhs. The company received an SAT order dated 17.03.2026 for restoration and is working on regularizing pending compliance matters.
The qualified audit opinion and non-filing of ITR filings signal weak corporate governance, which could concern shareholders. The company's inoperative status and ongoing compliance issues suggest limited near-term value creation for investors.