Mcleod Russel India Limited — Important, 14-08-2025: Updates

McLeod Russel reported a consolidated net loss of ₹43.48 Cr for the quarter. The company remains under significant financial stress, with current liabilities exceeding assets. A crucial resolution plan for its substantial debt of over ₹1,461 Cr is under lender consideration, including NARCL. Auditors issued an adverse opinion due to material uncertainties, notably concerning ₹2,860 Cr in doubtful Inter-Corporate Deposits and unrecognized liabilities. The company is voluntarily delisting shares from the Calcutta Stock Exchange but will continue trading on BSE and NSE.