Please find the attached outcome of Board meeting
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The Board of Vaishno Cement approved unaudited financial results for Q2 and H1 FY26 (ended 30 Sept 2025). The company reported nil revenue from operations and a total income of just ₹0.03 lakh in H1 FY26, with a loss before tax of ₹44.82 lakh for the half-year (vs a loss of ₹3.21 lakh in H1 FY25). The balance sheet remains deeply stressed, with negative total equity of ₹(140.46) lakh and accumulated losses of ₹1,035.48 lakh against share capital of ₹895.02 lakh. The company also accepted the immediate resignation of Independent Director Ms. Jayita Bagchi due to other professional commitments.
The company continues to be effectively dormant with no operations, widening losses, and negative net worth — raising serious going-concern concerns for shareholders. The loss of an independent director adds to governance worries, and the stock remains a high-risk, thinly-traded micro-cap with no near-term catalyst for recovery.