Energy Development Company News

Energy Development Company promoter group holds 58.139% stake

Promoter group holds 2,76,16,041 shares in Energy Development Company as on 31 Mar 2026. No encumbrance declared on shares during FY26.

EDCL reports adverse audit opinion for FY26

Auditors issued an adverse opinion for FY26 due to non-consolidation of subsidiaries and unprovided tax demands. Net loss stood at ₹1,375.50 lakh for the year.

Energy Development Company Submits Q4 FY26 Compliance Certificate

Energy Development Company Limited submitted its quarterly confirmation certificate under SEBI regulations for the quarter ended March 31, 2026, confirming proper handling of dematerialized securities.

Energy Development Company Reports Mixed Q2 Results Amid Auditor Concerns

Energy Development Company Limited posted a profit of Rs. 10.04 lakhs for the quarter ended September 30, 2025, compared to a loss of Rs. 272.61 lakhs in the previous quarter, though auditors issued adverse conclusions citing unresolved issues including Rs. 18,817.47 lakhs in income tax demands and doubtful receivables. The company's power generation increased to 2.30 million units from 0.76 million units in the previous quarter, but faces significant regulatory and recovery challenges across its subsidiaries and associate companies.