The Board of Directors of the Company at its Meeting held on Wednesday, 13th August, 2025 has, inter alia Approved Unaudited Standalone of the Company for the First Quarter ended 30th June, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited standalone results for Q1 FY26 (quarter ended June 30, 2025). The company reported nil revenue from operations in the quarter, same as Q1 FY25, and posted a net loss of Rs. 11.06 lakhs versus a Rs. 6.83 lakh loss a year earlier. Loss per share was Rs. 1.66. Statutory auditor N.D. Kapur & Co. gave an unmodified limited review report. The board also approved voluntary delisting from the Calcutta Stock Exchange (CSE), with BSE listing continuing. CFO Aishwarya Sethia resigned citing personal reasons, and Hetal Waglekar was appointed as the new CFO. Manish Jhanwar was appointed as an additional non-executive independent director, and Krishna Rathi & Associates was named Secretarial Auditor for FY26. The company further approved changing its name from 'High Street Filatex Limited' to 'Tusaldah Limited', subject to shareholder approval.
Continued losses with no operating revenue point to weak core business momentum, which is a concern for shareholders. The CFO exit and CSE delisting add near-term uncertainty, though the name change is largely cosmetic. Investors should watch upcoming quarters to see whether operations and revenue pick up.