Satchmo Holdings
3.89
-3.89(-100.00%)
Market Cap₹56.70 Cr
PE Ratio1.47
Company Performance:
1D-100.00%
1M-5.12%
6M-0.26%
1Y-2.26%
5Y+28.38%
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More news about Satchmo Holdings
08Nov 25
Satchmo Holdings Reports Q2 FY26 Profit, Settles Debt Amid Ongoing Financial Challenges
Satchmo Holdings Limited reported a profit of ₹36.84 crore in Q2 FY26, a significant improvement from the previous quarter's loss. The company settled ₹77.56 crore with JC Flower Asset Reconstruction Company and exited two real estate projects. However, Satchmo still faces financial challenges, including outstanding debt to HDFC Limited and statutory dues. Auditors have issued an adverse opinion, citing going concern issues due to negative net worth and working capital deficiency.
07Nov 25
Satchmo Holdings Faces OTS Revocation Despite Partial Payments
Satchmo Holdings Limited's One-Time Settlement (OTS) agreement with an Asset Reconstruction Company (ARC) has been revoked, despite full payments made by the company and one subsidiary. The second subsidiary sought a 45-day extension for its remaining payment of Rs. 31.44 crores. Satchmo Holdings is disputing the revocation and pursuing legal action. Separately, the company's shareholders overwhelmingly approved the re-appointment of Mr. Kumar Nellore Gopalakrishna as an Independent Director for a second term.
18Oct 25
Satchmo Holdings Fulfills Rs. 70 Crore One-Time Settlement with Asset Reconstruction Company
Satchmo Holdings Limited (BSE: 533202) has fully paid Rs. 70.00 crores to an Asset Reconstruction Company (ARC) as part of a One-Time Settlement (OTS) agreement. This settlement, initiated in August and completed on October 18, fulfills the company's liability to the ARC. The company has reported this as a material event under SEBI LODR Regulations.
05Aug 25
Satchmo Holdings Completes Rs 109 Crore Debt Settlement with ARC
Satchmo Holdings Limited has successfully completed its comprehensive Rs 109 crore debt settlement with an Asset Reconstruction Company, marking the full discharge of outstanding obligations for both the parent company and its two wholly-owned subsidiaries. The settlement, which was initially approved in August 2025, reached final completion on December 30, 2025, with the company receiving no dues certificates that formally confirm the closure of all debt obligations and significantly reduce both standalone and consolidated debt positions.
25Jul 25
Satchmo Holdings Reports Rs 261 Lakh Loss in Q1, Exits Real Estate Projects
Satchmo Holdings Limited reported a consolidated net loss of Rs 261.00 lakhs for Q1 FY24, compared to a profit of Rs 2,935.00 lakhs in Q1 FY23. Revenue from operations declined to Rs 13.00 lakhs from Rs 183.00 lakhs year-on-year. The company is exiting residential real estate projects, focusing on service business segments. It's negotiating debt restructuring with JC Flowers ARC and HDFC Limited. JC Flowers ARC has initiated insolvency proceedings against Satchmo Holdings for dues of Rs 38,595.00 lakhs, with the NCLT hearing scheduled for July 24. Auditors have raised concerns about the company's ability to continue as a going concern.
Satchmo Holdings
3.89
-3.89
(-100.00%)
1 Year Returns:-2.26%
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