Outcome of Board Meeting
TVVISION · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TV Vision Ltd reported audited standalone loss of ₹3,447.19 Lakhs for FY2026 (vs loss of ₹2,668.71 Lakhs in FY2025), with total income plummeting to ₹5,456.9 Lakhs from ₹14,165 Lakhs the prior year. The company's balance sheet is critically distressed — standalone other equity stands at negative ₹18,299.94 Lakhs and total equity is negative ₹14,425.49 Lakhs. The statutory auditors (P. Parikh & Associates) have issued a Qualified Opinion citing multiple issues: unreconciled loan balances (PNB claims ₹294.43 crores vs company books showing ₹98.94 crores, a ₹195.50 crore gap from unrecognized interest), failure to provide impairment of ₹1,250.39 Lakhs on Business and Commercial Rights despite zero revenue generation from these assets, unprovided interest on overdue vendor payables, missing actuarial valuation for employee obligations, and unreconciled GST input tax credits. A petition has been filed by Punjab National Bank before NCLT under IBC Section 7. All three subsidiaries also have negative total equity and going concern doubts.
TV Vision is in severe financial distress — negative equity, ongoing insolvency proceedings at NCLT, and a qualified audit opinion. The stock faces extreme risk; shareholders should be aware that the company may not continue as a going concern.