Williamson Financial Services Limited reported a net loss of ₹44,196,000 for the financial year ended March 31, 2026, compared to a net loss of ₹44,474,000 in the previous year. Total income for the year stood at ₹149,777,000, while total expenses amounted to ₹193,958,000. Statutory auditors M/s. V. Singhi & Associates issued a qualified opinion on the financial results, highlighting significant risks to the company's operations and compliance status. The Board of Directors approved the audited financial results at a meeting held on May 25, 2026. The company published the results in newspapers on May 27, 2026, pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Qualified Opinion and Going Concern Risks

The auditors identified material uncertainty regarding the company's ability to continue as a going concern. The net worth has been fully eroded as of March 31, 2026, and the company's continuity depends on the availability of finance and future profitability. Consequently, the auditors stated that the use of the going concern assumption is not adequately supported under Indian Accounting Standard 1.

Regulatory Non-Compliance and Audit Qualifications

The company reported negative Net Owned Funds (NOF) of ₹21,15,872,000 for the quarter ended March 31, 2026, resulting in non-compliance with the minimum NOF requirements prescribed by the Reserve Bank of India. Additionally, the auditors noted that interest expenses on unsecured inter-corporate borrowings amounting to ₹86,144,000 for the quarter and ₹3,49,783,000 for the year were not recognized, constituting a departure from Indian Accounting Standard 109.

Provisions and Asset Quality

The company has provided unsecured loans amounting to ₹14,65,171,000 with accrued interest of ₹1,80,597,000 outstanding as of March 31, 2026. Against these, a provision of only ₹3,87,706,000 has been made. Auditors opined that these loans are doubtful of recovery and that the loss for the period is understated due to inadequate provisions. Furthermore, balances related to loans, advances, receivables, and borrowings are subject to reconciliation and confirmation, the impact of which is currently unascertainable.

Financial Results Summary

The following table outlines the key financial figures for the quarter and year ended March 31, 2026:

Legal and Arbitration Matters

The company faces a joint liability of ₹50,89,59,000 due to a loan default payable to Real Touch Finance Limited, following an Arbitration Award dated September 29, 2025, from the International Chamber of Commerce. The company has challenged this award in the Delhi High Court. While a liability of ₹11,89,56,000 was recognized in earlier years, no further liability has been acknowledged pending the final disposal of the appeal.

Williamson Financial Services Limited has notified the BSE of a forthcoming Board of Directors meeting, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting is scheduled for Monday, May 25, 2026, and will be held to consider and take on record the audited financial results of the company for the quarter and financial year ended March 31, 2026.

Board Meeting Details

The intimation, dated May 15, 2026, was submitted to the Corporate Relationship Department of BSE Limited. The key details of the scheduled board meeting are outlined below:

Trading Window Closure

In continuation of the company's earlier communication dated March 26, 2026, the trading window for dealing in the securities of Williamson Financial Services will continue to remain closed. The closure will persist until the end of 48 hours after the announcement of the audited financial results for the quarter and financial year ended March 31, 2026. This measure is in accordance with applicable SEBI insider trading regulations.

The intimation was signed by Anushree Biswas Dutt, Company Secretary & Compliance Officer of Williamson Financial Services Limited, on May 15, 2026.