Terraform Magnum Ltd — Board Meeting, 07-08-2025: Board Meeting

Terraform Magnum's Board has approved the financial results for the quarter ended June 30, 2025. The company reported negligible income of 0.00 Cr and a net loss of 0.00 Cr, resulting in an Earnings Per Share of (1.20). Shareholder equity (Other Equity) remains negative at (18.55) Cr. The company highlights ongoing uncertainties regarding a property assignment deal in Kandivali due to assignee defaults, which impacts revenue recognition. Financial results are prepared on a going concern basis despite negative net worth, based on future cash flow projections. Investors should note these operational and financial challenges.