Board Meeting11 Feb 2026, 01:30 pm
Prime Urban Development India Ltd Appoints New CFO Amidst Financial Uncertainty
AI Summary
Prime Urban Development India Ltd, with scrip code 521149, has announced its quarter and nine months ended December 31, 2025 financial results. The company reported nil revenue from operations during this period. The net worth is eroded, indicating a significant doubt on the company's ability to continue as a going concern. However, the company is optimistic about its realty business and has added investment and trading to its business activities. The board has appointed Mr. Kishor Khadelwal as the Chief Financial Officer (CFO) with effect from February 11, 2026.
Key Highlights
- Prime Urban Development India Ltd reported nil revenue from operations for the quarter and nine months ended December 31, 2025.
- The company's net worth is eroded, indicating a significant doubt on its ability to continue as a going concern.
- The company is optimistic about its realty business and has added investment and trading to its business activities.
- Mr. Kishor Khadelwal has been appointed as the new CFO of the company.
- The company is involved in an arbitration case with Prime Mall Developers, a partnership firm where it is a 50% partner.
Price Impact
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