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Avasara Finance Ltd

NSE: BSE: 511730

₹20.79

(5.00%)

Tue, 29 Sept 2026, 02:16 am

Avasara Finance News

Avasara Finance Resubmits Quarterly Results After Balance Sheet Misclassification Error

Avasara Finance Limited resubmitted its unaudited financial results for the quarter and half year ended September 30, 2025, after discovering misclassifications in its balance sheet and cash flow statement. The company inadvertently showed borrowings of INR 40.06 lakhs under non-financial liabilities instead of financial liabilities. The company reported a loss of Rs. 18.90 lakhs for the quarter and Rs. 37.69 lakhs for the six-month period, with accumulated losses of Rs. 336.85 lakhs resulting in significant erosion of net worth. The statutory auditors issued an unmodified opinion on the revised results while noting going concern uncertainties due to the company's financial position. The Board approved the corrected results on October 9, 2025.

08 Nov 2025

earnings

Avasara Finance Limited Approves Rights Issue Worth Up to Rs. 1000.18 Lakh

Avasara Finance Limited's Board of Directors approved a rights issue of fully paid-up equity shares to existing shareholders for an aggregate amount not exceeding Rs. 1000.18 Lakh. The equity shares have a face value of Rs. 10 each, and the record date will be notified later. The ratio and number of equity shares to be issued will be finalized at a later stage. The board meeting was held on October 23, 2025, at the company's registered office from 12:00 PM to 2:20 PM.

23 Oct 2025

corporate action

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Market Current News

India, UAE collaborate to boost petroleum reserves

Trade Minister Piyush Goyal announced India's collaboration with the UAE to increase petroleum reserves, marking a significant energy partnership between the two nations.

28 Sept 2026

commodities

Eventions IPO: ₹27.2 Cr Fresh Issue

Eventions Limited files DRHP for a ₹27.20 crore fresh issue. Revenue hit ₹99.74 crore in FY26 with PAT at ₹7.72 crore, despite negative operating cash flows.

28 Sept 2026

ipo

TNA Solutions IPO: Fresh Issue; FY26 Rev ₹104.59 Cr

TNA Solutions Ltd files DRHP for SME IPO. FY26 revenue at ₹104.59 Cr. Issue opens Sep 30, 2026. Proceeds fund new unit and working capital.

28 Sept 2026

ipo

Sollfege Smart Electronics IPO DRHP

Sollfege Smart Electronics Ltd files for SME IPO to raise ₹20.01 crore. The Kolkata-based premium audio and smart living solutions provider plans to expand its retail network from 3 to 15 showrooms across West Bengal, Assam, and Haryana.

28 Sept 2026

ipo

Acme India Industries IPO: ₹85.27 Cr Fresh Issue

Railway rolling stock specialist files DRHP for ₹85.27 crore fresh issue. Revenue grew to ₹263.71 crore in FY2026 with a ₹737.97 crore order book.

28 Sept 2026

ipo

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