Futura Polyesters convened its 63rd AGM on May 29, 2026, seeking shareholder approval for audited financial statements and appointment of Gautam Purohit as Independent Director.
The company reported a loss of ₹565.99 lakhs from discontinued operations and completed a ₹243.45 crore OTS with consortium lenders in June 2025, fully discharging secured bank dues.
Trading suspension on BSE continues since March 2013 due to non-compliance, with significant pending statutory filings and unpaid listing fees for multiple financial years.
Auditors issued a qualified opinion highlighting non-provision of finance costs, material going concern uncertainty, and inability to verify various asset and liability balances.