Pursuant to Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we are enclosing copies of newspaper advertisement of the unaudited financial results ....
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Awaiting price reaction for this filing.
Tricom Fruit Products has submitted to BSE copies of the newspaper advertisement of its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results, as published in Financial Express and Navrashtra on July 31, 2025, in line with SEBI LODR Regulation 47. The results show zero revenue from operations across all reported periods, confirming that the company has effectively ceased its core business. Loss before tax from discontinuing operations stood at Rs 7.28 lakhs in Q1 FY26, slightly lower than the Rs 8.70 lakhs loss in the preceding quarter but consistent with ongoing wind-down. Equity share capital is Rs 1,909.41 lakhs, while reserves are deeply negative at Rs (10,596.33) lakhs, indicating a strongly negative net worth. Earnings per share for the quarter came in at Rs (0.04). Notably, the filing is signed by a Resolution Professional rather than the regular management, signalling that the company is under the Corporate Insolvency Resolution Process (CIRP) under the IBC.
For shareholders, this confirms that Tricom Fruit Products remains under insolvency resolution with no operating revenue and a severely eroded net worth. Any recovery for equity holders is likely to depend on the resolution plan outcomes and could result in significant dilution or write-down of existing shareholdings.