Imec Services Ltd — Important, 14-02-2026: Company Update
14-02-2026 | 03:04 pm
14-02-2026 | 03:04 pm
IMEC Services' Board has approved the financial results for the quarter and nine months. Auditors highlighted a significant revenue reduction due to completed contracts. They also noted ₹0.68 Cr in professional fees lacking a clear link to the ₹0.22 Cr revenue recognized, and ₹19.57 Cr in unrealized trade receivables, with only ₹1 Cr collected in nine months from a 2023 contract. Additionally, Mr. Adnan Kanchwala has resigned as Company Secretary and Compliance Officer, effective March 2, 2026, to pursue new career opportunities.
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