This is to inform you that the in pursuance to Reg. 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company in its Meeting ....
Awaiting price reaction for this filing.
MPS Infotecnics (formerly Visesh Infotecnics) reported weak Q3 FY26 results, with revenue from operations falling to Rs 5.81 lakhs from Rs 10.50 lakhs in the year-ago quarter, a drop of around 45%. For the nine months ended December 2025, total revenue came in at Rs 27.32 lakhs versus Rs 36.05 lakhs a year earlier. The company posted a net loss of Rs 87.22 lakhs for the quarter (vs Rs 84.37 lakhs loss YoY), with EPS of Rs (0.002). Total expenses remain high at Rs 108.83 lakhs for the quarter, driven mainly by depreciation of Rs 65.40 lakhs and other expenses of Rs 27.57 lakhs. The statutory auditor issued a qualified limited review conclusion, flagging non-impairment of intangible assets and inventory worth over Rs 124 crores, unrecovered subsidiary investments of Rs 61.75 crores, a disputed Banco Efisa bank balance of Rs 34.79 crores, and unrecovered loans and advances of Rs 222.11 crores. The company faces multiple regulatory actions including a Rs 25 lakh unpaid SEBI penalty, frozen bank accounts, outstanding listing fees, and active delisting proceedings from both NSE and BSE, with annual general meetings pending for three consecutive financial years.
This is a deeply negative filing for shareholders. The company is loss-making, dependent on promoter funding, faces active delisting risk on both exchanges, has frozen bank accounts, and has a long list of unresolved regulatory and audit qualifications. The stock is highly risky and existing shareholders face potential total loss if delisting proceeds.