Arshiya Limited reports unaudited standalone net loss of ₹99.76 crore for Q1 FY25 under CIRP, approved by Resolution Professional on April 28, 2026.
Auditors issue disclaimer of conclusion due to multiple material uncertainties including unquantified guarantee liabilities of ₹1,038.50 crore and impairment assessment constraints.
Company faces severe operational disruption with 50 out of 71 employees resigning in July-August 2024, creating critical manpower deficiency.
Sub-lease agreements for warehouses terminated in July 2024 due to events of default, impacting future operational revenues.