Board approved audited FY26 results showing a net loss of ₹995.55 crore and negative net worth of ₹262.83 crore.
Reappointed internal, cost auditors and Mrs. Visalakshi Periasamy as director, subject to shareholder approval at AGM in September 2026.
Auditors issued a qualified opinion citing material uncertainty over going concern due to defaults on restructuring agreements and prolonged operational shutdown.
Company defaulted on NARCL MRA repayments and SDF OTS, potentially reinstating original unsustainable debt of ₹33,465 lakhs.