Neogem India Ltd — Important, 17-12-2025: Company Update

Neogem India has re-submitted its financial results for the quarter and half-year, along with a Limited Review Report. Auditors issued an adverse opinion, citing material uncertainty about the company's ability to continue as a going concern. The company reported a Q1 loss of 8.20 Lakh and Q2 loss of 16.83 Lakh, with negative net worth of 35.89 Cr if provisions are made for 41.11 Cr in unrealized debtors. Key concerns include stopped manufacturing, non-performing bank assets totaling 15 Cr, frozen cash, and significant unconfirmed outstanding debtors and creditors.