This is to inform you that the Board of Directors of the Company at its meeting held on Friday, January 30, 2026 commenced at 11.00 a.m. and concluded at 11.45 a.m. inter alia has transacted ....
Awaiting price reaction for this filing.
The board of Classic Filaments Ltd approved unaudited financial results for the quarter and nine months ended December 31, 2025. Strikingly, the company reported zero revenue from operations and zero other income across all periods, including the previous audited full year ended March 31, 2025. The company posted a loss of ₹1.43 lakhs in Q3 FY26 and ₹5.14 lakhs for the nine months of FY26, slightly better than the ₹5.42 lakh loss in the comparable nine-month period of FY25. Total expenses were minimal at ₹1.13 lakhs in Q3, consisting mainly of employee costs and other expenses. The statutory auditors, Lakhankiya & Dosi LLP, issued an unqualified limited review report on the results.
This is a significant red flag for shareholders — the company has reported zero revenue for an extended period and is incurring continuous losses, raising serious going concern doubts about its ability to continue as a going concern. The clean auditor opinion does not eliminate the fundamental business viability concern, and the stock is likely to remain highly illiquid and risky.