Please find the attached outcome of Board Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vaishno Cement Company Ltd reported severely distressed financial results for FY 2025-26 with near-zero revenue from operations (Rs 0.01 lakh) against a loss before tax of Rs 49.65 lakh. The company posted a net loss of Rs 50.59 lakh for the year, with total comprehensive loss of Rs 95.65 lakh. Balance sheet shows negative equity of Rs 95.65 lakh with total assets of Rs 165.12 lakh against total liabilities of Rs 260.77 lakh. Cash flow from operations turned negative at Rs 28 lakh compared to positive Rs 0.92 lakh in the prior year. Statutory auditors Manish Mahavir & Co. issued an unmodified (clean) opinion confirming no material misstatements. Previous period figures have been reclassified/restated as per notes.
The company is technically insolvent with negative equity and minimal operating revenue, raising serious going concern doubts. Despite clean audit opinion, shareholders face extreme risk as the cement business appears non-functional with no meaningful operations generating income.