Yashraj Containeurs Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has reported a net loss of Rs 21.64 lacs for the quarter ended September 30, 2025, according to the company's latest financial results. This marks a significant downturn from the net loss of Rs 22.81 lacs recorded in the previous quarter.

Financial Performance

The company's financial health continues to deteriorate, as evidenced by the following key metrics:

All figures in Rs. lacs

The half-year loss for FY2026 has widened to Rs 44.45 lacs, indicating persistent financial challenges for the company.

Insolvency Proceedings

Yashraj Containeurs has been under CIRP since February 22, 2024, following an order by the National Company Law Tribunal (NCLT) Mumbai Bench. Mr. Ajit Kumar has been appointed as the Resolution Professional to oversee the insolvency process.

Financial Position

The company's financial position remains precarious:

• Equity Share Capital: Rs 1,700 lacs
• Total Equity: Shows a deficit of Rs 10,056.54 lacs
• Current Liabilities: Rs 11,946.14 lacs as of September 30, 2025

Auditor's Concerns

The statutory auditors have expressed material uncertainty regarding the company's ability to continue as a going concern. They noted that Yashraj Containeurs is currently engaged with its lenders to formulate a debt resolution plan.

Outlook

While the company's management continues to prepare financial statements on a 'going concern' basis, the significant events and material uncertainties cast substantial doubt on Yashraj Containeurs' ability to continue its operations in the foreseeable future.

The RP Committee approved these unaudited financial results on November 7, 2025. As the insolvency process unfolds, stakeholders will be closely monitoring any developments in the company's debt resolution efforts and potential turnaround strategies.

Yashraj Containeurs Limited , currently undergoing Corporate Insolvency Resolution Process (CIRP), has made significant progress in its restructuring efforts. The company recently held its 20th Committee of Creditors (CoC) meeting, marking a crucial step in its path towards resolution.

Key Developments

• CoC Meeting: The 20th meeting of the Committee of Creditors was held on July 31, 2025, from 5:00 PM to 5:30 PM.
• Resolution Plan Approval: The CoC approved a resolution plan on July 16, 2025.
• NCLT Application: An application seeking approval of the resolution plan has been filed with the National Company Law Tribunal (NCLT).

CIRP Timeline

• Initiation: The CIRP was initiated on February 22, 2024, under Section 10 of the Insolvency and Bankruptcy Code, 2016.
• Resolution Professional Appointment: Ajit Kumar was appointed as the Resolution Professional by the NCLT, Mumbai, on April 12, 2024.

Company Details

The Resolution Professional, Ajit Kumar, provided updates on the current status of the insolvency resolution process during the meeting. The approval of the resolution plan by the CoC marks a significant milestone in Yashraj Containeurs' restructuring journey.

Investors and stakeholders are now awaiting the NCLT's decision on the submitted resolution plan, which will determine the company's future course. The outcome of this process could have substantial implications for the company's operations and financial structure.

As the CIRP progresses, Yashraj Containeurs continues to fulfill its regulatory obligations, including timely disclosures to the stock exchange as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stakeholders are advised to monitor official communications for further updates on the CIRP and the NCLT's decision regarding the resolution plan.