BSEVAS INFRASTRUCTURE LTD.MediumNeutral
Announced Thu, 3 Sept · 18:30 IST

Annual Report FY26: CIRP continues, NCLT rejected resolution plan

Going ConcernQualified OpinionResults View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
-9.5%1-day move
₹7.98
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.5-5.4-4.4-1.5-3.0-3.8
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AI summary

Vas Infrastructure filed its FY25-26 annual report. Company remains under CIRP since March 2024 after Canara Bank insolvency petition. Turnover is nil. Profit after tax of Rs 32.51 lakhs versus a loss of Rs 50.46 lakhs last year. NCLT rejected Authum Investment resolution plan on July 7, 2026 and ordered fresh CIRP within 120 days. Board suspended, Resolution Professional in charge. Auditors issued modified opinion.

Likely market impact

Very high uncertainty - under fresh CIRP after NCLT rejected resolution plan. Shareholders face liquidation risk if new plan fails.