Fraser and Company Ltd — Important, 13-02-2026: Company Update

Fraser and Company's board approved financial results for the quarter and nine months ending December 31, 2025, and increased Director Vijay Ramesh Solanki's monthly remuneration to Rs. 70,000. Auditors highlighted significant concerns, including material uncertainty about the company's ability to continue as a going concern due to accumulated losses and financial constraints. Shares remain suspended on the Calcutta Stock Exchange. Operational challenges include Rs. 0.79 Cr in doubtful receivables (despite Rs. 8.26 Cr recovered), Rs. 4.71 Cr in unconfirmed trade payables (Rs. 2.69 Cr under recovery suits), and Rs. 2.87 Cr in undocumented supplier advances.