Cedaar Textile Limited — Board Meeting, 30-05-2026: Outcome of Board Meeting

Cedaar Textile has announced a board meeting approving the financial results for the half-year and full financial year. Auditors issued a 'Disclaimer of Opinion' due to significant data loss, inability to verify assets/liabilities, and a massive Rs. 84 Cr inventory write-down. The company also defaulted on borrowings, raising 'going concern' doubts.