Quasar India Ltd — Important, 25-05-2026: Company Update

Quasar India Limited's latest compliance report for the year ended March 31, 2026, flags serious issues. The company failed to appoint a qualified Company Secretary, a repeated non-compliance. Separately, SEBI has an ongoing adjudication order against the company for price manipulation, and BSE issued an interim order after a site visit. An operational creditor has also initiated insolvency proceedings, which are ongoing. These governance and operational challenges are critical for shareholders to note.