BSEResult11 Aug 2026 · 11 Aug 2026, 04:11 pm

Declaration of Un-audited Financial Results of the Company for the quarter ended June 30, 2026.

Quadrant Televentures Ltd-$ · 511116

✦ AI Summary▼ NegativeDebt Restruc.

Quadrant Televentures Ltd has declared un-audited financial results for the quarter ended June 30, 2026, under Corporate Insolvency Resolution Process (CIRP). The company has incurred continuous losses, resulting in complete erosion of its net worth and default on repayment of borrowings. The financial results do not adjust and disclose the fact that the company may be unable to continue as a going concern.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern8/10
Regulatory Risk6/10
Balance Sheet Risk9/10
Liquidity Impact2/10
Market Sentiment1/10

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Quadrant Televentures Ltd-$ - 511116 - Declaration Of Un-Audited Financial Results Of The Company For The Quarter Ended June 30, 2026

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QTL/SEC /2026-27/30 August 11, 2026 The Manager (Listing) BSE Limited Operations Department Phiroze Jee Jee Bhoy Towers Dalal Street Mumbai – 400001 Dear Sir/Madam Subject: Declaration of Un-Audited Financial Results of the Company for the Quarter ended June 30, 2026 (SCRIP CODE: 511116) The Stock Exchange is aware that Quadrant Televentures Limited is under Corporate Insolvency Resolution Process w.e.f. September 2, 2025 and the Resolution Professional is performing the functions as mentioned under Insolvency and Bankruptcy Code (the Code). This is in continuation to our letter dated August 3, 2026 informing regarding submission of Un-Audited financial results for the quarter ended June 30, 2026 on August 11, 2026. In terms of Regulation 33 (3)(d) of Securities & Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Un-audited Financial Results of the Company for the Quarter ended June 30, 2026, as taken on record by the Resolution Professional of the Company on August 11, 2026, along with Limited Review Report of Statutory Auditors M/s. SGN & Co., Chartered Accountants, New Delhi. The process of taking on record the financial results commenced at 2.00 P.M. and concluded at 3.50 P.M. Thanking you For QUADRANT TELEVENTURES LIMITED (A Company under Corporate Insolvency Resolution Process by NCLT order dated September 2, 2025) (UMESH PRASAD SRIVASTAVA) CFO & COMPANY SECRETARY QUADRANT TELEVENTURES LIMITED (UNDER CIRP) Corporate Identification Number: L00000MH1946PLC197474 LIN No. 1582214459 Corporate Office: B-71, Phase-VII, Industrial Focal Point, Mohali-160055, Punjab, Tel: +91-172-5090000 Fax: +91-171-5090125 Regd. Office: Plot no. 66, CIDCO N2, Near Kamgaar Chowk, behind Synergy Hospital, Chhatrapati Sambhajinagar (earlier Aurangabad), Maharashtra-431003 India www.connectbroadband.in Email: secretarial@infotelconnect.com SG& NCO. CHARTERED ACCOUNTANTS BRANCH OFFICE : Phone : 022-49740502 $-503, SCHOOL BLOCK, E-mail : mohan@sgnco.in SHAKARPUR, NEW DELHI-110 092 INDEPENDENT AUDITOR'S REVIEW REPORT ON THE QUARTERLY UNAUDITED FINANCIAL RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED The Board of Directors/Resolution Professional, Quadrant Televentures Limited 1 The Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) admitted an insolvency and bankruptcy petition filed by financial creditors against Quadrant Televentures Limited (“the Company”) and appointed Resolution Professional (RP) who has been vested with management of affairs and powers of the Board of Directors with direction to initiate appropriate action contemplated with extant provisions of the Insolvency and Bankruptcy Code, 2016 and other related rules. 2. We have reviewed the accompanying statement of Unaudited Financial Results (the “Statement”) of the Company for the quarter ended June 30, 2026 attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Agreement”). 35 The Statement, which is the responsibility of the Company’s Management and reviewed & taken on record by the RP of the Company on August 11, 2026, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 4. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”, issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus HO :78, 7TH FLOOR, KALPTARU AVENUE, AKURLI ROAD, KANDIVALI EAST, MUMBAI- 400 101 (MAHARASHTRA) SGN & CO. Continuation Sheet No. CHARTERED ACCOUNTANTS provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 5. As stated in Note No. 2, 3 and 4 oft he Statement, the Company has incurred continuous losses in the year, resulting in complete erosion of its net worth and its current liabilities exceed its current assets and also default on the repayment of its borrowings. Further, Company is currently undergoing Corporate Insolvency Resolution Process (CIRP) and multiple litigations are pending before various courts and authorities. Consequent to these ongoing uncertainties and pending legal outcomes, we were unable to obtain sufficient and appropriate audit evidence regarding the appropriateness of management’s use of the going concern basis of accounting in the preparation of these financial results. These factors indicate a material uncertainty that may cast significant doubt on the Company’s ability to continue as a going concern and, therefore, it may be unable to realize its assets and discharge its liabilities in the normal course of business. The financial results do not adjust and disclose this fact. 6. As stated in Note No. 2 to the accompanying financial results the pending determination of obligations and liabilities in respect of various claims submitted by operational creditors, financial creditors, other creditors and employees. The said claims are presently under reconciliation, verification and adjudication by the Resolution Professional (“RP”). Since the final amount payable against these claims has not yet been determined, the consequential cumulative effect thereof on profit including other comprehensive income/(loss) for the quarter, assets, liabilities and other equity is unascertainable. 7. As stated in Note No. 8 of the statement, finance cost of Rs. 2,192.61 Lakhs have not been provided in the statement of profit and loss, for the quarter ended June 30, 2026. Had such finance cost been provided, the profit including other comprehensive income/(loss) for the quarter ended June 30, 2026 would have been lower by Rs. 2,192.61 Lakhs. 8. We have been informed that information in relation to the Corporate Insolvency Resolution Process (CIRP), including minutes of meetings of Committee of Creditors, and the outcome of procedures carried out by the RP as a part of the CIRP are confidential in nature and accordingly have not been provided to us. Accordingly, the potential impact, if any, of the aforesaid matters, on the financial results is unascertained. 9. Based on our review conducted and procedures performed, except as mentioned in para 5,6, 7 and 8 above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act, 2013 , read with relevant rules issued there under and other recognized accounting practices and policies generally accepted in India, has not SGN & CO. Continuation Sheet No CHARTERED ACCOUNTANTS disclosed the information required to be disclosed in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including the manner in which it is to be disclosed, or that it contains any material misstatement. 10. The Statement includes the financial results for the quarter ended March 31, 2026 being the balancing figure between audited figures in respect of the full previous financial year ended Ma [Showing first 8,000 characters — download PDF for full document]