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

McLeod Russel's Board approved its financial results for the quarter, reporting a consolidated net loss of Rs. 43.48 Cr on Rs. 215.76 Cr revenue. Standalone net loss was Rs. 40.13 Cr on Rs. 168.03 Cr revenue. Auditors issued an adverse conclusion, highlighting a material uncertainty about the company's ability to continue as a going concern. Key issues include Rs. 2,860.50 Cr in Inter-Corporate Deposits (ICDs) deemed doubtful for recovery and Rs. 133.73 Cr in unrecognized interest. The Board also approved voluntary delisting from Calcutta Stock Exchange; shares will remain listed on BSE and NSE.