Shyam Telecom Board Approves Unaudited Financial Results for Q2 FY27

Shyam Telecom Ltd announced that its Board of Directors, in a meeting held on October 29, 2026, approved the unaudited financial results for the quarter and half-year ended September 30, 2026. The company also submitted a Limited Review Report on these results. A key observation from the auditor's report highlights that the company's net worth has been fully eroded, and current liabilities substantially exceed current assets, indicating a material uncertainty regarding its ability to continue as a going concern. However, the financial results have been prepared on a going concern basis. The company also addressed outstanding receivables and payables, with provisions made for the former and settlement in progress for the latter.