Pursuant to Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors of the Company at ....
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▲ 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 Western Ministil Limited approved unaudited standalone financial results for the quarter and half year ended 30 September 2025. The company reported essentially NIL revenue from operations, with total income of just Rs. 0.03 lakhs for H1 FY26 against a net loss of Rs. 7.53 lakhs (vs Rs. 9.19 lakhs loss in H1 FY25). Cumulative losses stand at Rs. 705.90 lakhs, wiping out the entire paid-up equity of Rs. 215.72 lakhs and leaving total equity negative at Rs. (490.18) lakhs. The plant has been shut since 1995 with no manufacturing activity, and management is citing revival plans as the basis for going-concern accounting. The statutory auditor issued an Emphasis of Matter flagging unprovided accrued interest of Rs. 280.94 lakhs on old borrowings since April 2001 and a material uncertainty about the company's ability to continue as a going concern.
Negative for shareholders – the company is effectively dormant with negative net worth, accumulated losses far exceeding equity, no business operations for nearly 30 years, and an auditor-flagged going-concern doubt. The stock may remain illiquid or under pressure, with revival prospects uncertain.