IDM Ltd reports FY26 loss, auditor flags going concern

International Data Management Limited reported a net loss of ₹13.87 lakhs for FY26, with zero revenue from operations. Auditors highlighted a material uncertainty regarding the company's ability to continue as a going concern due to eroded net worth.

International Data Management Reports Net Loss of Rs 6.38 Lakhs in Q2 Results

International Data Management Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The company reported a net loss of Rs 0.53 lakhs for the quarter and Rs 6.38 lakhs for the half year, compared to losses of Rs 5.05 lakhs and Rs 6.45 lakhs respectively in the corresponding previous year periods. The company generated no revenue from operations during these periods, with total expenses of Rs 0.53 lakhs for the quarter consisting entirely of other expenses. The company's total assets stood at Rs 8.32 lakhs as of September 30, 2025, while total equity was negative at Rs 429.31 lakhs. Current liabilities increased to Rs 437.63 lakhs, primarily due to borrowings of Rs 436.55 lakhs. The earnings per share was negative Rs 0.02 for the quarter and negative Rs 0.29 for the half year.

International Data Management Limited Shareholders Approve Reclassification of Apollo Trading and Finance from Promoter to Public Category

International Data Management Limited announced that its shareholders have approved the reclassification of Apollo Trading and Finance Private Limited from Promoter Category to Public Category through a postal ballot. The remote e-voting period ran from October 10, 2025, to November 8, 2025. The resolution was passed with requisite majority, with 490,125 votes in favor and no votes against from the Promoter and Promoter Group category, representing 88.18% of total votes polled. From Public-Non Institutions category, 23,414 votes were in favor and 56 votes against, representing 99.76% approval. The company had 17,116 total shareholders as of the cut-off date of October 3, 2025. BSE Limited had previously granted no-objection for this reclassification in September 2025. The voting results and scrutinizer's report have been uploaded on the company's website and submitted to BSE Limited.

International Data Management Limited Gets BSE Approval for Apollo Trading Reclassification from Promoter to Public Category

International Data Management Limited received BSE approval to reclassify Apollo Trading and Finance Private Limited from 'Promoter' to 'Public' category. Apollo Trading holds 38,220 equity shares representing 1.74% of International Data Management Limited. The company had submitted the reclassification application on May 31, 2025, and BSE granted no-objection through letter dated September 12, 2025.

International Data Management Limited Approves Quarterly Results and Appoints New Secretarial Auditor

International Data Management Limited's Board approved unaudited financial results for the quarter ended June 30, 2025. The company reported a net loss of Rs 4.23 lakhs compared to a loss of Rs 5.05 lakhs in the previous quarter. Revenue from operations remained nil, with other income also at zero. The Board appointed M/s Rana & Associates as Secretarial Auditor for five consecutive years from 2025-26 to 2029-30, subject to shareholder approval at the 48th Annual General Meeting. The firm, established in August 2019 under proprietorship of Mr. Nishant Rana, holds Peer Review Certificate No. 5647/2024. Earnings per share stood at Rs (0.19) for the quarter. The company's paid-up equity share capital remains at Rs 220 lakhs.