- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
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Vasa Retail and Overseas Limited reported a net loss of ₹9.90 lakh for the year, with no operational revenue and mounting losses. Current liabilities surpass current assets, and there are defaults in borrowings and statutory payments, raising doubts about the company’s viability. The audit came with a qualified opinion due to expired licensing agreements and uncertain asset recoveries. Operations continue to be hampered by COVID-19 impacts and halted licensed product sales, highlighting ongoing challenges for the business.