Venlon Enterprises Limited reported a net loss of ₹337.91 lakh for the financial year ended March 31, 2026, as revenue from operations declined to ₹794.25 lakh from ₹1,127.73 lakh in the previous year. The company has ceased operations, and its financial statements have been prepared on an "other than going concern" basis due to material uncertainties regarding its operational viability. The statutory auditors, M/s Laxminiwas & Co., issued an unmodified opinion on the results.

The Board of Directors met on May 30, 2026, to consider the audited standalone financial results. The meeting, which commenced at 4:00 p.m. and concluded at 7:20 p.m., approved the results recommended by the Audit Committee. The disclosure was made in accordance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company recorded a total comprehensive loss of ₹367.49 lakh for FY26, widening from the total comprehensive income of ₹1,549.05 lakh reported in the prior year. For the quarter ended March 31, 2026, the net loss stood at ₹123.10 lakh on a total revenue of ₹252.52 lakh. Basic and diluted earnings per share for the fiscal year were reported at a loss of ₹0.65.

Operational Status and Asset Valuation

The company confirmed that it received written communication in December 2025 confirming the permanent closure of its lessee's operations, leading to the termination of lease agreements effective January 1, 2026. Consequently, the Board determined that the going concern basis of accounting is no longer appropriate. Management is initiating a structured plan for the orderly disposal of remaining assets, including inventory, investments, and plant and machinery.

Property, plant, and equipment are valued at the lower of historical cost or net realizable value. Fixed assets anticipated to be realized in the near future have been classified as current assets, while industrial land is classified as a non-current asset due to a longer estimated disposal period of two to three years. As of March 31, 2026, the company's total assets stood at ₹4,255.21 lakh, with equity and liabilities totaling the same amount.

Venlon Enterprises Limited has filed its annual regulatory disclosure with BSE Limited, confirming compliance with SEBI takeover regulations for the financial year ended March 31, 2026. The disclosure, submitted on April 02, 2026, addresses mandatory requirements under the Securities and Exchange Board of India's substantial acquisition framework.

Regulatory Compliance Declaration

The company's disclosure centers on Regulation 31(4) and 31(5) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011. Company Secretary Gargeshwari Dhruvarao Rama Rao formally transmitted the promoter declaration to BSE Limited, ensuring adherence to prescribed regulatory timelines.

Promoter Declaration

Chand Daulat Datwani, identified as a promoter of Venlon Enterprises Limited, submitted a comprehensive declaration on behalf of all promoters and persons acting in concert. The declaration specifically confirms that no encumbrance was created over shares held by promoters, either directly or indirectly, during the financial year ended March 31, 2026.

The promoter's statement emphasizes representation "for and self and on behalf of all Promoters and persons acting in concert," ensuring comprehensive coverage of the promoter group's shareholding activities.

Audit Committee Presentation

In compliance with Regulation 31(5) of SEBI (SAST) Regulations, 2011, the promoters have specifically requested the company to present this disclosure at the ensuing Audit Committee Meeting. This requirement ensures proper board-level review and documentation of the regulatory compliance confirmation.

Company Information

The filing represents standard regulatory compliance for listed companies, ensuring transparency in promoter shareholding activities and adherence to SEBI's substantial acquisition and takeover regulations. The disclosure maintains the company's good standing with regulatory requirements and provides stakeholders with confirmation of promoter compliance during the specified financial year.