Williamson financial services Limited has scheduled a board meeting to review its quarterly financial performance and approve unaudited results for the third quarter of fiscal year 2026.

Board Meeting Details

The company has issued a formal notification regarding the upcoming board meeting, providing key details for stakeholders and regulatory compliance.

Trading Window Restrictions

The company has implemented trading restrictions in accordance with regulatory requirements to ensure fair market practices during the results announcement period.

The trading window closure affects all dealings in Williamson Financial Services Limited securities and will continue until 48 hours after the official announcement of the quarterly financial results.

Regulatory Compliance

The board meeting notification has been issued in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated the meeting details to BSE Limited, where its scrip is listed under code 519214. Company Secretary and Compliance Officer Anushree Biswas Dutt has signed the notification, ensuring proper regulatory adherence and stakeholder communication.

Williamson Financial Services Limited has released its unaudited financial results for the quarter ended September 30, 2025, revealing significant financial challenges and raising concerns about the company's future operations.

Key Financial Highlights

• The company's net worth has been fully eroded as of September 30, 2025.
• Management remains committed to revival and continuity, preparing accounts on a going concern basis despite the financial situation.
• Auditors have issued a qualified conclusion, citing material uncertainty related to the company's status as a going concern.

Financial Position and Ongoing Negotiations

Williamson Financial Services is currently in negotiations with secured lenders, including Aditya Birla Finance Limited and InCred Financial Services Limited. As a result of these ongoing discussions, the company has not recognized interest expenses on borrowings.

Auditors' Concerns

The auditors have raised several issues in their qualified conclusion:

1. Material uncertainty related to the company's status as a going concern.
2. Non-recognition of interest expenses on borrowings.
3. Inadequate provisions on loans and advances.

The company has made provisions of Rs. 3,89,981.00 thousand against outstanding unsecured loans and accrued interest totaling Rs. 16,52,729.00 thousand. This significant shortfall in provisions has been highlighted as a concern by the auditors.

Management's Stance

Despite the fully eroded net worth, the company's management remains committed to the revival and continuity of operations. The accounts have been prepared on a going concern basis, indicating management's belief in the company's ability to overcome its current financial challenges.

The Board of Directors approved these unaudited financial results at a meeting held on November 12, 2025, which lasted from 1:15 PM to 5:15 PM (IST).

As Williamson Financial Services navigates through these financial difficulties, stakeholders will be closely watching the outcome of ongoing negotiations with lenders and the company's efforts to address the concerns raised by auditors. The company's ability to secure favorable terms in its negotiations and improve its financial position will be crucial for its future prospects.