Mackinnon Mackenzie & Company Ltd

Mackinnon Mackenzie & Company Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is effective from the start of trading hours on July 1, 2026, and will extend until 48 hours after the submission of the Unaudited Financial Results for the quarter ended June 30, 2026, to the stock exchange. The restriction applies to all Directors, Promoters, Connected Persons, Designated Persons, and their immediate relatives, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The date of the board meeting to approve these financial results will be communicated separately.

Mackinnon Mackenzie and Company Limited's Board of Directors met on May 28, 2026, to approve the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The results were accompanied by a qualified Statutory Auditors Report. Additionally, the Board appointed M/s. Sachin P. Mulgaonkar & Co., Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27. The newly appointed firm, established in 1989, offers expertise in internal audit, statutory audit, taxation, and corporate laws. The trading window for the company's shares will reopen 48 hours after the results are declared to the stock exchange.

Mackinnon Mackenzie's Board of Directors met on May 28, 2026, to approve the audited standalone financial results for the quarter and financial year ended March 31, 2026. The results were accompanied by a qualified Statutory Auditor's Report. Additionally, the Board appointed M/s. Sachin P. Mulgaonkar & Co., Chartered Accountants, as the Internal Auditor for Financial Year 2026-27. The trading window will reopen 48 hours after the results are declared.

Mackinnon Mackenzie & Company Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The meeting will be held via video conferencing. The trading window has been closed since April 1, 2026, and will reopen 48 hours after the declaration of the financial results.

Mackinnon Mackenzie & Company Ltd has announced the closure of the trading window for all Directors/Promoters/Connected Persons/Designated Persons (and their immediate relatives) from the start of trading hours on 01 April 2026 till 48 hours after the declaration of Audited Financial Results for the fourth quarter and year ending on 31 March 2026. This decision is in accordance with Regulation 9 read with Schedule B of SEBI (Prohibition of Insider Trading) Regulations, 2015 and SEBI (Prohibition of Insider Trading) (Amendment) Regulation, 2018 read with Companies Code of Conduct for Prevention of Insider Trading in its Securities. The date of the Board Meeting for consideration and approval of the Audited Financial Results for the fourth quarter and year ending on 31 March 2026 will be intimated separately to the stock exchange.

Mackinnon Mackenzie & Company Ltd held a Board of Directors meeting on Thursday, 12 February 2026, where they approved the unaudited financial results for the quarter ended December 31, 2025. The approval came with a qualified limited review report by the auditor, JM & Associates Chartered Accountant. The report highlighted several issues, including outstanding bank loans, old balances, long-standing trade payables, and certain old credit balances. The company also faces material uncertainty related to going concern due to accumulated losses and negative net worth. However, the 'lending company' has provided a support letter, leading the management to assess that the company continues to be a going concern.

The Board of Directors of Mackinnon Mackenzie & Company Ltd approved the unaudited financial results for the quarter ended December 31, 2025, along with a Qualified Limited Review Report by the Auditor. The company reported a net loss, and there are several qualifications in the review report related to outstanding balances, old debts, lease renewal, and property tax disputes. The company's management is evaluating various options to revive the company, but there is a material uncertainty regarding its ability to continue as a going concern.