Financial Performance 📊
- Q1 June 30, 2024, unaudited consolidated financial results signed by Resolution Professional with limited review.
Corporate Insolvency Resolution Process (CIRP) 🗓️
- Value Industries under consolidated CIRP since September 2018, overseen by Resolution Professional Abhijit Guhathakurta.
- Financial results delayed due to CIRP constraints, key personnel resignations, and auditor transition.
- Pre-CIRP records unavailable and promoter cooperation lacking, causing reporting delays.
Trading Status ⚠️
- Securities trading suspended on BSE and NSE since June 16, 2021.
Compliance Commitment 📍
- Company commits to timely financial disclosures despite ongoing CIRP challenges.