Toyam Sports Ltd — Important, 19-01-2026: Company Update
19-01-2026 | 09:33 pm
19-01-2026 | 09:33 pm
The company's board approved its standalone and consolidated financial results for the half-year ended September 30, 2025. Auditors issued a qualified opinion, highlighting several concerns: no impairment provisions for financial assets, potential non-compliance with RBI Act regarding financial asset holdings, and ongoing SEBI investigation with shares frozen. Auditors also noted unassessed economic benefits from merchandising agreements and non-compliance with statutory liabilities like TDS due to fund shortages from LLC T20 Cricket League losses. For the half-year, the company posted a standalone net loss of 0.14 Cr and a consolidated net loss of 8.83 Cr.
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