Neogem India Ltd

Neogem India Ltd’s Financial Update: Key Highlights & Revival Efforts 🔍

- Submitted un-audited financial results for Q1 (ended June 30, 2025) and Q2 (ended September 30, 2025) to BSE.

- Manufacturing halted since January 1, 2018; restructuring/revival in progress.

- Financials prepared on a going concern basis, anticipating business revival.

- Provision for unrealized sundry debtors (over 3 years): ₹41.1Cr.

- Current liabilities exceed assets due to unpaid interest; PNB initiated SARFAESI Act proceedings.

- No bank balance confirmations received since March 31, 2016.

- Provision of ₹1.85Cr for unconfirmed rental/water charges (outstanding >3 years).

- Token OTS (One Time Settlement) payment issued.

- Previous figures regrouped/reclassified for consistency.

- Results accessible on BSE and company website.