ALPHA TRIBE

Tamilnadu Telecommunication LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 10:51 pm

Tamilnadu Telecommunications Limited's financial results for the quarter have received an adverse conclusion from auditors, who state they don't present a true and fair view. Auditors doubt the company's ability to continue as a going concern, citing Rs. 239.23 Cr in accumulated losses and a Rs. 182.77 Cr negative net worth. The factory has been non-operational since 2017, requiring major overhauls, and the company lacks new orders or raw material support. Additionally, certain liabilities like Rs. 176.05 Cr due to Telecommunications Consultants India Limited were not fairly valued. This indicates significant financial challenges.

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