Chase Bright Steel Declares Unaudited Q1 FY27 Results

Chase Bright Steel Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board approved the results, along with a Limited Review Certificate. Key management changes were also noted, including the appointment of Shri Achal Vijay as Additional Independent Director and the resignation of Smt. Kanika Vijayavergiya as Independent Director. Smt. Nidhi Kothari also resigned as Company Secretary & Compliance Officer. The company highlighted material uncertainty regarding its ability to continue as a going concern due to accumulated losses, current liabilities exceeding current assets, and a lack of manufacturing facilities. Management is undertaking measures to rationalize expenses and generate revenue.