Shyam Telecom Limited — Important, 11-11-2024: Financial Result Updates

Shyam Telecom Limited reported its unaudited financial results for the quarter and half-year ending September 30, 2024, showing a significant net loss of ₹45.19 lakhs. The company’s net worth has been fully eroded, with current liabilities greatly surpassing current assets, raising doubts about its going concern status. Additionally, the Board approved a postal ballot for appointing Mr. Sunil Rai as an Independent Director for five years. Financial results will be published in newspapers shortly.