Cressanda Railway Solutions Ltd — Important, 30-05-2026: Company Update

Cressanda Railway Solutions' Annual Secretarial Compliance Report for the financial year ended March 31, 2026, reveals significant non-compliance. The company delayed submitting Q4 FY25 financial results, leading to an unpaid BSE fine of ₹0.13 Cr (total ₹0.36 Cr) due to liquidity issues. A minor delay in related party disclosures incurred a paid fine of ₹0.01 Cr. Separately, SEBI initiated an investigation into alleged fictitious business and manipulated financials, subsequently barring promoters (including the company) from the securities market. The company has appealed this to the Securities Appellate Tribunal, which issued a Stay Order.