Abhishek Infraventures reports net loss for FY26

1 min read     Updated on 29 May 2026, 12:17 AM
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Jubin VScanX News Team
AI Summary

Abhishek Infraventures Limited reported a consolidated net loss of ₹24.11 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹21.42 lakh in FY25. Standalone net loss for FY26 was ₹23.56 lakh, up from ₹20.41 lakh in the previous year, with total expenses rising to ₹23.56 lakh. Revenue from operations remained nil for both standalone and consolidated entities. The board approved the audited financial results on May 28, 2026, and appointed M/s. V. Ravi & Co. as Internal Auditor and M/s. Vivek Surana & Associates as Secretarial Auditors for FY27.

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Abhishek Infraventures Limited reported a consolidated net loss of ₹24.11 lakh for the financial year ended March 31, 2026. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026. The statutory auditor, M/s. N G Rao & Associates, issued an unmodified opinion on the financial results.

Financial Performance

The company recorded a standalone net loss of ₹23.56 lakh for FY26, compared to a net loss of ₹20.41 lakh in the previous year. Total standalone expenses for the year increased to ₹23.56 lakh from ₹20.41 lakh in FY25. On a consolidated basis, the net loss widened to ₹24.11 lakh for FY26 from ₹21.42 lakh in the preceding year. Revenue from operations remained nil for both standalone and consolidated entities during the reported periods.

Metric Standalone FY26 (₹ Lakhs) Standalone FY25 (₹ Lakhs) Consolidated FY26 (₹ Lakhs) Consolidated FY25 (₹ Lakhs)
Total Income - - - 0.0027
Total Expenses 23.56 20.41 24.11 21.42
Net Profit/(Loss) (23.56) (20.41) (24.11) (21.42)

Board Appointments

The board appointed M/s. V. Ravi & Co., Chartered Accountants, as the Internal Auditor for the financial year 2026-27. Additionally, M/s. Vivek Surana & Associates, Practicing Company Secretaries, were appointed as Secretarial Auditors for FY27. The trading window for dealing in the company's securities, which was closed from April 1, 2026, will reopen 48 hours after the declaration of these results.

Historical Stock Returns for Abhishek Infraventures

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.67%+19.31%+25.00%+17.85%+71.29%

What specific strategies does the company plan to implement to generate revenue from operations and halt the widening losses?

How will the company sustain its operations and cover increasing expenses without any operational income?

Are there any potential mergers, acquisitions, or capital infusions on the horizon to improve the financial position?

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Abhishek Infraventures reclassifies promoter shareholders to public

0 min read     Updated on 21 May 2026, 04:00 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Abhishek Infraventures Limited applied to BSE and Metropolitan Stock Exchange on November 18, 2025, to reclassify three promoter group shareholders—M. Lakshmi Madhu, K. G. Madhusudhan, and Vidya Rajesh—to the public category. The reclassification covers 3,200 equity shares, totaling 0.06% of the company's shareholding, under Regulation 31A of SEBI LODR Regulations.

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Abhishek Infraventures Limited has submitted an application to BSE Limited and Metropolitan Stock Exchange of India Limited seeking approval for the reclassification of specific promoter group shareholders to the public category. The application was filed on November 18, 2025, in compliance with Regulation 31A of the SEBI LODR Regulations, 2015.

The reclassification request pertains to three individuals currently classified as promoter group shareholders. The total equity shares involved in this transition amount to 3,200, which represents 0.06% of the company's total shareholding.

Details of Outgoing Promoters

The following table outlines the specific shareholders affected by this reclassification and their respective holdings:

S. No. Outgoing Promoter Group Shareholder No. of Equity shares held % of Shareholding
1 M. Lakshmi Madhu 500 0.01%
2 K. G. Madhusudhan 2,200 0.04%
3 Vidya Rajesh 500 0.01%
TOTAL 3,200 0.06%

The company has requested the stock exchanges to update their records to reflect this change in shareholding status. The reclassification will alter the promoter and public shareholding distribution of abhishek infraventures once approved.

Historical Stock Returns for Abhishek Infraventures

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.67%+19.31%+25.00%+17.85%+71.29%

How might the reclassification of these promoter group shareholders impact Abhishek Infraventures' overall corporate governance structure and investor confidence?

Could this reclassification signal a broader strategic shift in promoter holdings, potentially leading to further dilution of promoter stake in the future?

How long will BSE and Metropolitan Stock Exchange typically take to approve this reclassification, and what conditions must be met before final approval?

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1 Year Returns:+17.85%