Take Solutions Limited — Board Meeting, 12-02-2025: Outcome of Board Meeting

The Board has approved the consolidated financial results for the quarter and nine months ended December 31, 2024, reflecting significant operational challenges. The group reported a substantial loss after tax of INR 1196.20 Cr due to impairment losses, leading to negative net worth and working capital. Key issues include pending tax litigations and unpaid statutory dues. Despite these factors, financial results were prepared on a going concern basis, with expectations for operational diversification and successful disposal of a subsidiary to meet obligations. Detailed audit reports highlight uncertainties regarding asset recoverability and the ongoing financial compliance.