MSR India reported nil revenue and a net loss of ₹53.39 lakh for FY 2024-25, compared to a profit of ₹93.48 lakh in the prior year.
The company will hold its 42nd AGM on June 16, 2026, to seek shareholder approval for reappointing statutory and secretarial auditors and two whole-time directors.
A secretarial audit revealed multiple compliance lapses, including non-payment of BSE listing fees, delayed filings, and failure to disclose a tax penalty notice.
The company's net worth turned negative at ₹(104.92) lakh, and it disposed of assets to repay borrowings, resulting in a drastic downturn in operations.