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 of USG Tech Solutions Ltd met on November 14, 2025 and approved standalone and consolidated unaudited financial results for Q2 and H1 FY26 ended September 30, 2025. The company reported zero revenue from operations, with standalone loss of Rs 3.14 lakhs in Q2 (vs loss of Rs 14.78 lakhs in Q2 FY25) and Rs 12.59 lakhs in H1 FY26. Consolidated loss stood at Rs 7.90 lakhs in Q2 and Rs 21.18 lakhs in H1 FY26. The Board also accepted the resignation of Mr. Aadarsh Aggarwal as CFO and Key Managerial Personnel, and approved shifting of the registered office to a new address in Hyderabad. Additionally, the company confirmed that IPO proceeds have been utilized as per the prospectus with no deviations.
The company continues to generate no operating revenue and is posting losses, though Q2 losses have narrowed significantly from the previous year. The sudden exit of the CFO is a key governance concern for shareholders, and the office relocation to Hyderabad signals a possible consolidation of operations.