With reference to the above subject, we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. 29.05.2026 has considered and approved the following: 1. ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Virya Resources Limited held its Board Meeting on May 29, 2026, and approved the audited standalone and consolidated financial results for FY ended March 31, 2026. The company reported zero revenue from operations in both standalone and consolidated results. Standalone loss before tax widened to Rs 28.20 Lakhs compared to Rs 16.85 Lakhs in the previous year, while consolidated loss increased to Rs 28.23 Lakhs from Rs 16.79 Lakhs. EPS for standalone was negative at Rs -1.88 per share. The auditors N G Rao & Associates issued an unmodified opinion, confirming no audit qualifications. Additionally, Mr. B S Bhaskar resigned as Company Secretary and Compliance Officer effective May 21, 2026. The company has one reportable segment (Software Sector) and one subsidiary - PT Virya Resources Indonesia (99.99% holding).
The company is effectively dormant with zero operating revenue and widening losses, which is negative for shareholders. The resignation of the Company Secretary adds to governance concerns. The positive audit opinion provides some comfort, but the financial performance remains concerning.