SPEL Semiconductor
122.70
-9.45(-7.15%)
Market Cap₹565.00 Cr
PE Ratio451.09
Company Performance:
1D-7.15%
1M-0.41%
6M+2.29%
1Y-38.67%
5Y+1,611.30%
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Latest news about SPEL Semiconductor
SPEL Semiconductor Announces Board Changes and Q1 Results Amid Going Concern Uncertainty 2 days ago
SPEL Semiconductor Limited held a board meeting on August 13, 2025, announcing key leadership changes, Q1 FY2026 financial results, and strategic decisions. Dr. G. Nagarajan was appointed as Additional Director, while Dr. Enakshi Bhattacharya resigned as Independent Director. The company reported a loss of ₹583.86 lakhs for Q1 FY2026, compared to a loss of ₹357.99 lakhs in Q1 FY2025. Auditors expressed concern about the company's ability to continue as a going concern due to losses and negative cash flows. Management plans include restructuring operations, selling surplus land, and pursuing government subsidies to address challenges.