This is to inform you that the Board of Directors of the Company in its Meeting held today i.e. 14th November, 2025, which commenced at 05:00 P.M. and concluded at 06:30 P.M., at the registered ....
Awaiting price reaction for this filing.
MPS Infotecnics (formerly Visesh Infotecnics) reported very weak Q2 FY26 results with revenue from operations of just Rs 9.72 lakhs, down sharply from Rs 13.01 lakhs in Q2 FY25. Half-yearly revenue fell to Rs 19.96 lakhs versus Rs 24.81 lakhs a year ago, while the company posted a loss after tax of Rs 181.64 lakhs for H1 FY26 versus Rs 160.42 lakhs loss in H1 FY25. Operating cash flow remained negative at Rs (33.52) lakhs. The auditor issued a qualified review report flagging serious concerns including non-impairment of intangibles/inventory worth over Rs 124 crore, disputed Rs 34.79 crore bank balance in Banco Efisa (Portugal), Rs 222 crore of questionable loans & advances, Rs 61.75 crore stuck in non-operational overseas subsidiaries, unpaid SEBI penalties, frozen bank accounts, and unresolved show-cause notices from both NSE and BSE for potential delisting.
This is a deeply distressed micro-cap company facing existential threats including potential delisting from NSE and BSE, frozen bank accounts, multiple regulatory penalties, and a qualified auditor opinion. Shareholders face significant risk as AGMs for three years remain unheld, shareholding patterns are unfilled, and there is substantial doubt about asset recoverability and going concern status.