Birla TransAsia Carpets reports zero revenue for the second consecutive year with a net loss of Rs. 20,000 for FY2024-25.
Total equity stands deeply negative at Rs. 27.02 crore; unsecured loans of Rs. 24.07 crore far exceed total assets of Rs. 2.30 crore.
BSE trading remains suspended since July 19, 2017; secretarial audit flags 11 compliance failures including no AGM, no independent directors, and unpaid statutory dues.
Company has no revenue-generating operations, no CFO or Company Secretary, and the auditor raises going concern doubts.