Latest news about Fraser & Company
Fraser & Company
8.75
+0.35(+4.17%)
Company Performance:
View Company Insights1D+4.17%
1M-10.71%
6M-9.23%
1Y+6.45%
5Y-14.97%
More news about Fraser & Company
13Feb 26
Fraser & Company Reports Q3 FY26 Net Loss of Rs 1.51 Million Despite Revenue Growth
Fraser & Company Limited reported a net loss of Rs 1.51 million for Q3 FY26 despite total income rising to Rs 10.12 million from nearly zero in the previous year. The company's nine-month loss narrowed to Rs 3.42 million from Rs 9.68 million in FY25. The board approved increased remuneration of Rs 70,000 per month for Director Vijay Ramesh Solanki and successfully settled Rs 82.62 million in outstanding receivables through NCLT proceedings.
14Nov 25
Fraser & Company Reports Net Loss and Appoints New Independent Director
Fraser & Company Limited reported a net loss of Rs. 1.00 million for Q2 2025, with total income of Rs. 0.04 million. The company recorded no sales for the quarter, showing a significant decline from the previous year. To strengthen its board, Ms. Rekha Naraniwal Rani was appointed as an Additional Director (Non-Executive & Independent), effective November 14, 2025. The company faces going concern issues due to accumulated losses and negative net current assets. It continues to deal with trading suspension on CSE, ongoing litigation, and challenges in providing balance confirmations for receivables and payables. A settlement was reached for Rs. 82.62 million in receivables, with the company receiving Rs. 40.00 million in demand drafts and four residential flats.
22Sept 25
Fraser & Company Limited Resolves Rs. 8 Crore Dispute with Shradha Landmark Through Cash and Property Settlement
Fraser & Company Limited has reached a settlement agreement with Shradha Landmark Private Limited over Rs. 8 crores in pending invoices. The settlement includes a Rs. 4 crore cash payment and the transfer of four 2-BHK flats in Mumbai. The dispute, originating from 2017-18 trade receivables, led to litigation in 2023. Fraser & Company expects to receive flat possession by December 22, 2025, and the occupational certificate by March 22, 2026. The company has disclosed approximately Rs. 5 crores in payables to operational creditors against these settlement receipts. The Corporate Insolvency Resolution Process against Shradha Landmark is set to be withdrawn as part of the agreement.
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