Bheema Cements FY25 Annual Report: Nil Revenue, Qualified Opinion

Bheema Cements reported nil operational revenue for FY 2024-25, recording a net loss of INR 3,009.97 Lakhs post-CIRP completion.
Statutory auditors issued a qualified opinion citing NCLAT repayment defaults, unremitted TDS of INR 9.58 Lakhs, and SEBI-suspended trading due to unpaid listing fees.
AGM seeks approval for material RPTs up to INR 200–300 crore per annum with related parties to fund creditor repayments and plant revival.
Statutory auditor M/s P. Murali & Co. resigned in August 2025; M/s N G Rao & Associates appointed as replacement on 31 October 2025.