Tamilnadu Telecommunication Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Tamilnadu Telecommunications' auditors have given an adverse opinion on the standalone financial results for the quarter ended June 30. They cited significant concerns about the company's ability to continue as a going concern, highlighting accumulated losses of ₹239.23 Cr and a negative net worth of ₹182.77 Cr. Operations ceased in 2017, machinery needs major overhauling, and raw material supply is an issue. Furthermore, the company hasn't recognized significant financial liabilities and assets, including ₹176.05 Cr due to Telecommunications Consultants India, at fair value. This raises major red flags for investors.