Birla Cotsyn India Ltd. Receives 'IVR B+/Stable' Rating 📈 • Received 'IVR B+/Stable' rating for long-term bank facilities totaling ₹40 crore. • Strong promoter commitment with ₹60 crore funding support, covering two-thirds of the ₹90 crore revival cost. • Cash-based operating model with a short w…
📊 Birla Cotsyn Receives IVR B+ Rating for ₹40 Crore Bank Facilities • Received IVR B+ credit rating with Stable Outlook from Infomerics • Total bank facilities rated: ₹40 crore • Includes ₹30 crore Term Loan and ₹10 crore Cash Credit • Term Loan maturity date: March 2032 • Rating valid for one ye…
📊 Birla Cotsyn Clarifies Non-Submission of Consolidated Financials for Dec 2025 Quarter • Company was under Corporate Insolvency Resolution Process from November 20, 2018, and liquidation from September 24, 2019 • Composite Scheme of Compromise and Arrangement approved by NCLT on January 9, 2025,…
Birla Cotsyn Closes UAE Subsidiary 🇦🇪 • Birla Cotsyn (India) Limited has closed its wholly owned subsidiary in Hamriyah Free Zone, Sharjah, UAE • Closure was effective from September 29, 2025 • Approved by Board and shareholders in meetings held on September 1, 2025 and September 29, 2025 • The …
📊 Birla Cotsyn Q3 FY2026: Revenue at ₹13.12 Cr, Net Loss of ₹8.53 Cr • Revenue from operations for Q3 December 2025: ₹1,312.39 lacs • Total income for Q3: ₹1,325.71 lacs • Net loss for Q3: ₹853.02 lacs • Earnings per share (EPS) for Q3: negative ₹5.95 (basic and diluted) • Nine-month revenue from…
📅 Birla Cotsyn Board Meeting Set for Feb 14, 2026 to Review Q3 & 9M FY26 Results - Board meeting scheduled for February 14, 2026 - Review of unaudited financial results for Q3 and nine months ended December 31, 2025 - Trading window closed from January 1, 2026 until 48 hours after results declara…
Birla Cotsyn’s Liquidation & Revival: Key Updates & Next Steps 🔍 - Corporate Insolvency Resolution Process (CIRP) began on November 20, 2018, and liquidation commenced on September 24, 2019. - NCLT approved a Composite Scheme of Compromise and Arrangement on January 09, 2025, with Nikhil Jain, Ro…
Birla Cotsyn (India) Ltd Shares Key Compliance Update for Q4 2025 📄 - Birla Cotsyn (India) Limited submitted a certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended December 31, 2025. - The certificate was received from the Registrar and …
Birla Cotsyn Q2 FY2026 Results: Revenue & Losses at a Glance 📉 - Standalone Q2 revenue: ₹190.07 lakhs, other income: ₹18.16 lakhs. - Standalone Q2 total income: ₹208.23 lakhs vs. expenses of ₹674.89 lakhs. - Standalone Q2 loss before tax: ₹466.65 lakhs. - Half-year standalone loss before tax: ₹86…
📅 Birla Cotsyn Reschedules Board Meeting to Nov 12 - Birla Cotsyn (India) Ltd (Scrip Code: 533006) has postponed its Board Meeting. - Originally set for November 11, 2025, now rescheduled to November 12, 2025. - Meeting agenda: Approval of Standalone & Consolidated Unaudited Financial Results for…
📅 Birla Cotsyn (India) Ltd to Review Q2 & H1 Financial Results on Nov 11, 2025 - Board meeting scheduled for November 11, 2025. - Meeting to review Standalone and Consolidated Unaudited Financial Results for Q2 and H1 ending September 30, 2025. - Limited Review Reports for the same period will al…
📢 Birla Cotsyn (India) Ltd: Key Compliance & Liquidation Updates - Birla Cotsyn (India) Ltd submitted its Annual Secretarial Compliance Report for FY ending March 31, 2025. - The company entered Corporate Insolvency Resolution Process (CIRP) and later liquidation under IBC, 2016, suspending the b…
Birla Cotsyn Q1 FY2025 Results: Loss of ₹400.54 Lakhs 📉 - Standalone loss: ₹400.54 lakhs for Q1 ended June 30, 2025. - Consolidated loss: ₹400.54 lakhs for Q1 ended June 30, 2025. - Basic & diluted EPS: (2.79) for both standalone and consolidated results. - Financials prepared under Indian Accoun…
📅 Birla Cotsyn (India) Ltd to Review Q1 FY2026 Results on Aug 7 - Board meeting scheduled for August 7, 2025, to review financial results. - Meeting will consider Standalone and Consolidated Unaudited Financial Results for the quarter ended June 30, 2025. - Limited Review Reports for the same qua…
Birla Cotsyn Fulfills Financial Obligations Under NCLT Plan ✅ • Final settlement/payment to the liquidator completed, fulfilling financial obligations under the NCLT-approved Resolution Plan • Distribution process to creditors is currently underway • An Interlocutory Application (I.A) has been fil…
Birla Cotsyn Successfully Acquired Through NCLT-Approved Scheme ✅ • Birla Cotsyn (India) Limited (BSE: 533006) acquired through Composite Scheme of Compromise and Arrangement • Acquirers: Nikhil Jain, Rohstoffe International Private Limited, and Wendt Finance Private Limited • Scheme approved by N…
Birla Cotsyn Completes Final Settlement with Liquidator 🏛️ • Final settlement/payment made to the Liquidator for the implementation of the Composite Scheme of Compromise and Arrangement • Scheme approved by the Hon'ble NCLT Mumbai Bench on January 09, 2025 • Scheme involves Nikhil Jain, Rohstoffe…