Master Chemicals Ltd — Important, 03-09-2025: Company Update

Master Chemicals Limited's Annual Report for FY25 shows zero income and an approximate net loss of Rs 22.21 Lakh on expenditures of Rs 17.08 Lakh. Auditors flagged "material uncertainty over going concern" due to no operations, no revenue, and eroded net worth. No dividend was declared. The 45th Annual General Meeting is on September 29, to adopt results, re-appoint Director Vipul Agarwal, and appoint a new Secretarial Auditor for five years. Key concerns for investors include unpaid BSE custody fees for three years, leading to frozen promoter accounts, and the lack of a Company Secretary.