Simplex Realty Ltd — Important, 20-05-2026: Company Update

Simplex Realty's board has approved the audited financial results for the quarter and financial year ended March 31, 2026. Standalone revenue from operations for the year was 12.90 Cr, with a loss of 3.61 Cr. The auditors issued an unmodified opinion, but highlighted that Simplex Papers Limited, an associate, has fully eroded its net worth as of March 31, 2026, though management continues on a going concern basis. Additionally, Ms. Geeta Prabhakaran was appointed as an Additional Non-Executive Director and Smt. Sita Sunil as an Additional Independent Director, subject to shareholder approval. The 113th Annual General Meeting is scheduled for August 5, 2026.