Quarterly Updates29 May 2026, 05:51 pm
Prag Bosimi Synthetics: Audited Results for FY25, Internal Auditor Appointed
AI Summary
Prag Bosimi Synthetics Ltd. announced audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The Board of Directors approved the results and appointed M/s Bharat Sharoff and Co. as internal auditors for FY 2026-2027. The company's net worth is negative as of March 31, 2026, due to accumulated losses and operational deficits.
Key Highlights
- Audited standalone and consolidated financial results for FY25 approved.
- M/s Bharat Sharoff and Co. appointed as internal auditors for FY 2026-2027.
- Auditor's report with unmodified opinion on FY26 financial results enclosed.
- Company's net worth is negative as of March 31, 2026, due to accumulated losses.
- Material uncertainty exists regarding the company's ability to continue as a going concern.
Price Impact
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