Ind Agiv Commerce Ltd — Others, 17-07-2025: Others

IND AGIV COMMERCE LIMITED reported a consolidated net loss of Rs 1.90 Cr on lower revenue, an improvement from Rs 3.16 Cr last year. Auditors cited a material uncertainty about the company's 'going concern' ability due to accumulated losses and eroded net worth. Key audit issues include inventory valuation, unconfirmed loans, and non-compliant acceptance of Rs 14.23 Cr unsecured loans. Compliance issues led to a BSE suspension, a Rs 0.23 Cr fine, and ongoing filing deficiencies. The AGM will consider ratifying a Rs 8.70 Cr preferential allotment, increasing borrowing limits to Rs 100 Cr, and authorizing asset disposal. Management aims to focus on 'Trunkey Projects' and AI.