Terraform Magnum Ltd — Others, 26-08-2025: Others
26-08-2025 | 05:36 pm
26-08-2025 | 05:36 pm
Terraform Magnum Limited has presented its 43rd Annual Report for FY25, reporting a net loss of 0.0854 Cr, slightly improving from 0.0858 Cr last year. Operations remain minimal with the company awaiting real estate opportunities, and no dividend was declared. Auditors highlighted a significant dispute over a property assignment where revenue recognition is uncertain. The upcoming AGM includes the re-appointment of a director and the formal appointment of two independent directors for five-year terms. The company's net worth is negative, and its ability to continue as a going concern faces material uncertainty.
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