Mcleod Russel India Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

McLeod Russel's board approved Q1 FY26 consolidated financial results, reporting a net loss of ₹43.48 Cr, higher than ₹20.64 Cr last year, despite revenue reaching ₹215.76 Cr.

Key strategic move: the board approved voluntary delisting from Calcutta Stock Exchange; shares will continue on NSE & BSE. Auditors highlighted critical issues, including ₹2,860.50 Cr in doubtful promoter group loans and other unrecognised liabilities, severely impacting the company's financial health. The 'going concern' status is uncertain, pending a sustainable debt resolution plan with lenders.