Board Meeting Outcome
The Board of Directors of Suryachakra Power Corporation Limited met on 15th July 2025 from 04:00 PM to 05:10 PM. The Board discussed, considered, and approved the quarterly Financial Results of the Company for the Quarter ended 30.06.2025, in pursuance of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Results Summary (Standalone Unaudited)
Period: Quarter Ended June 30, 2025 (Q1 FY26)
Currency: Indian Rupees in Lakhs
Income Statement Highlights:
- Revenue from operations: ₹0.00 (Previous quarter: ₹0.00, Year ended March 2025: ₹0.00)
- Other income: ₹2.00 (Previous quarter: ₹0.00, Year ended March 2025: ₹0.00)
- Total income: ₹0.00 (Previous quarter: ₹0.00, Year ended March 2025: ₹0.00)
- Finance costs: ₹0.00 (Previous quarter: ₹0.01, Year ended March 2025: ₹0.01)
- Depreciation and amortisation expense: ₹5.83 (Previous quarter: ₹2.85, Year ended March 2025: ₹7.89)
- Total expenses: ₹5.83 (Previous quarter: ₹2.86, Year ended March 2025: ₹7.90)
- Loss before tax: ₹(3.83) (Previous quarter: ₹(2.86), Year ended March 2025: ₹(7.90))
- Tax expense: ₹0.00 (across all periods)
- Net loss for the period: ₹(3.83) (Previous quarter: ₹(2.86), Year ended March 2025: ₹(7.90))
- Other Comprehensive Income: ₹0.00 (across all periods)
- Earnings Per Share (EPS): ₹0.00 basic and diluted (across all periods)
Auditor's Limited Review Report
Auditor Firm: SAl AND CO, Chartered Accountants
UDIN: 26244881HBVEUL7541
M R No: 244881
Review Date: 08/05/2026
The limited review was conducted pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The review was performed in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI.
Other Matters (Auditor Qualification):
The Hon'ble National Company Law Tribunal, Hyderabad Bench (NCLT) initiated liquidation proceedings against the Company vide order dated 01.09.2022. On 18.07.2024, NCLT approved the sale of the Company as a going concern to Successful Auction Purchaser Indo Aquatics Limited (assigned to Reddy Investments Private Limited).
The Liquidator issued a Sale Certificate dated 14.06.2023 for sale of the Company as a going concern pursuant to the Insolvency and Bankruptcy Code, 2016. The Acquirer/Assigner has initiated the process for taking over of the Company. While management change has been completed, other restructuring exercises such as change in capital of the Company are still in process.
The Acquirer/Assigner is in the process of complete takeover including records & papers of the Company. The Company is also in the process of obtaining the latest shareholding data from the Registrar & Transfer Agent (RTA).
Company Status Notes
1. The standalone financial results have been prepared in accordance with Indian Accounting Standards (IND AS)
2. The Company has not started any business operations and is yet to commence operations
3. The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 15th July 2025