Ceenik Exports (India) News

Ceenik Exports Reports Net Loss of Rs 682.33 Lakhs in Half-Year Results

Ceenik Exports (India) Ltd reported a net loss of Rs 682.33 lakhs for the half-year ended September 30, 2025, compared to a net loss of Rs 501.49 lakhs in the previous year. The company has discontinued its garments segment with effect from March 31, 2025, and now operates primarily in realty investments and derivative trading business segments.

Ceenik Exports Receives Interim Order for Statutory Auditor Appointment Non-Compliance

Ceenik Exports (India) Limited received an Interim Order from the Ministry of Corporate Affairs' Regional Director under Section 441 of the Companies Act, 2013. The order addresses non-compliance relating to appointment and ratification of Statutory Auditors during Financial Years 2015-16 to 2017-18. The company and its officers in default are required to take necessary steps for compounding the default, subject to final approval from the competent authority. The company is taking appropriate actions to comply with the directions in the Interim Order.

Ceenik Exports Reports Q1 FY2026 Loss, Schedules AGM for September 2025

Ceenik Exports (India) Limited reported a net loss of Rs. 379.54 lakhs for the quarter ended June 30, 2025, compared to a profit of Rs. 380.51 lakhs in the same quarter last year. The company's total income from operations was negative at Rs. 340.64 lakhs, primarily due to losses in derivative trading business of Rs. 388.27 lakhs, while realty & investments segment generated Rs. 47.63 lakhs. The Board approved the quarterly financial results and scheduled the 31st Annual General Meeting for September 25, 2025, via video conferencing. The company appointed M/s Dilip Swarnkar & Associates as secretarial auditors for FY 2025-26 to 2029-30, subject to shareholder approval. The cut-off date for AGM voting eligibility was set as September 18, 2025. Earnings per share declined to negative Rs. 9.44 from positive Rs. 11.36 in the previous year quarter.