Jauss Polymers
27.34
-1.43(-4.97%)
Market Cap₹12.64 Cr
PE Ratio-34.66
Company Performance:
1D-4.97%
1M-24.87%
6M+240.90%
1Y+296.23%
5Y+446.80%
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More news about Jauss Polymers
14Nov 25
Jauss Polymers Faces Going Concern Issues as Auditors Issue Adverse Opinion on Q2 Results
Jauss Polymers Limited, formerly a plastic bottle manufacturer, received an adverse conclusion from auditors on its Q2 results. The company reported no revenue from operations and a loss of ₹3.74 lakhs. Auditors cited material uncertainty about the company's ability to continue as a going concern, noting nil turnover, historical losses, asset sales, and lack of future plans. The company sold its investment in Innovative Containers Pvt Ltd for ₹394.44 lakhs in Q1. Management has not provided plans to address the situation or prepared cash flow forecasts.
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30Sept 25
Jauss Polymers Reappoints Independent Chairman, Names New Secretarial Auditor
Jauss Polymers Limited held its 38th Annual General Meeting on September 30, 2025, resulting in significant corporate governance changes. Mr. Shewale Saurabh Jibhau was reappointed as Non-Executive Chairman and Independent Director for a second term from September 30, 2025, to September 29, 2030. The company also appointed M/s Lalit Sharma & Associates as its Secretarial Auditor for five consecutive financial years (2025-26 to 2029-30). The AGM saw the adoption of audited Financial Statements for the year ended March 31, 2025, and the re-election of Mr. Ketineni Sayaji Rao.
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14Aug 25
Jauss Polymers Reports Profit Amid Zero Revenue, Auditor Raises Going Concern Issues
Jauss Polymers Limited reported a profit of ₹32.35 lakh for Q1 FY2026, despite having no revenue from operations. The profit came from the sale of its subsidiary, Innovative Containers Pvt Ltd, for ₹394.44 lakh. However, the company's auditor has issued an adverse conclusion, citing concerns about its ability to continue as a going concern due to zero turnover, significant past losses, sale of plant and machinery, lack of management assessment for future operations, and other financial irregularities. The company has not yet addressed these concerns or provided plans for future actions.
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Jauss Polymers
27.34
-1.43
(-4.97%)
1 Year Returns:+296.23%
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