Omnipotent Industries Ltd — Results, 07-06-2025: Result

Omnipotent Industries Ltd. has announced a board meeting on which it approved the financial results for the quarter and half-year, accepted the resignation of Independent Director Mr. Vikas Jain, and appointed Mr. Navneet Khare and Mr. Manoj Batham as Additional Non-Executive Independent Directors, subject to members’ approval. The company also approved shifting its registered office within Mumbai. The auditor issued an unmodified opinion but highlighted significant uncertainties, including the sale of all fixed assets and inventory, net loss incurred, ongoing GST litigation, and doubtful recoverability of long-outstanding receivables, raising concerns about the company’s ability to continue as a going concern. Promoters have diluted their shareholding by selling shares in the open market.