ALPHA TRIBE

Simplex Infrastructures LimitedBoard Meeting, 12-02-2026: Outcome of Board Meeting

12-02-2026 | 06:36 pm

Simplex Infra's board approved Q3FY26 & 9M consolidated net losses of ₹11.21 Cr and ₹31.86 Cr. Two independent directors were re-appointed. The company still faces ₹142.18 Cr in loan defaults. Monitoring agency warns low share price may hinder warrant conversion amid debt servicing delays.

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