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

Simplex Papers Limited's board finalized audited results for the quarter and financial year ended March 31, 2026. The company posted a net loss of ₹0.02 Cr for the quarter and ₹0.11 Cr for the full year. Auditors issued an unmodified opinion but highlighted substantial accumulated losses and fully eroded net worth, flagging concerns about its ability to continue operations. Management maintains a going concern basis. Additionally, Smt. Fatima Fernandes was re-designated as an Independent Director, pending shareholder approval, and the Annual General Meeting was announced.