BSEBoard Meeting5d ago · 14 Aug 2026, 06:23 pm
Pursuant to Regulation 29 and 30 of SEBI (Listing obligation and disclosure requirements) Regulations, 2015, we would like to inform you that the Board of Directors in their meeting held ....
Lasa Supergenerics Ltd · 540702
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Lasa Supergenerics Ltd has announced its unaudited financial results for the quarter ended June 30, 2026, with the Board of Directors considering and approving the results. The company has also drawn attention to exceptional items, including a fire incident at its factory, resulting in a loss of Rs.2057.47 Lacs, and impairment of tangible assets.
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Lasa Supergenerics Ltd - 540702 - Board Meeting Outcome for Outcome Of Board Meeting For The Quarter Ended June 30, 2026
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LASA SUPERGENERICS LIMITED
Ref. No.: LASA/SE/26-27/14
Friday, August 14, 2026
To, To,
Corporate Services Department Corporate Services Department
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Plot No. C/1,
Dalal Street, G Block Bandra-Kurla Complex,
Mumbai – 400 001. Bandra (E), Mumbai – 400 051.
BSE CODE –540702 NSE CODE: LASA
Dear Sir/Madam,
Sub. : Outcome of Board Meeting held today i.e. August 14, 2026
Pursuant to Regulation 29 and 30 of SEBI (Listing obligation and disclosure requirements)
Regulations, 2015, we would like to inform you that the Board of Directors in their meeting
held today which was commenced at 2.00 P.M. and concluded at 06.15 P.M. inter- alia have
considered and approved the following:
1. The Unaudited Financial Results of the Company for the quarter ended June 30,
2026.
2. Limited Review Report from Statutory Auditor for the quarter ended on June 30,
2026.
The above information is also available on the company’s website at www.lasalabs.com and
on the website of the stock Exchange at www.bseindia.com and www.nseindia.com.
Request you to kindly take on record the information
THANKING YOU
YOURS SINCERELY
FOR LASA SUPERGENERICS LIMITED
OMKAR HERLEKAR
CHAIRMAN AND MANAGING DIRECTOR
DIN:01587154
Factory & Regd. Office: - C-4, C-4/1, M.I.D.C. LOTE PARSHURAM INDUSTRIAL AREA, TAL- KHED, DIST- RATNAGIRI 415722.
CIN: L24233MH2016PLC274202 Email : info@lasalabs.com • Website : www.lasalabs.com
gupta
Kustogi 6U Co,
Chartered Accountants
Independent Auditor's Limited Review Report on the Quarterly and Year to Date
Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33
and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,
as amended.
The Board of Directors of
Lasa Supergenerics Limited
L We have reviewed the accompanying statement of unaudited standalone financial
results (The "Statement") of Lasa Supergenerics Limited ('the Company') for the
quarter ended June 30, 2026 and year to date from April 01, 2026 to June 30, 2026
attached herewith, being submitted by the Company pursuant to the requirement of
Regulation 33 and 52 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015, as amended (the "Listing Regulations")
The statement which is the responsibility of the Company's management and approved
by the Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in Indian Accounting Standard 34 "Interim Financial
Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 as
amended, 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.
3. We conducted our review 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 enquiries of Company personnel and analytical procedures applied to financial data
and thus provides less assurance than an audit. We have not performed an audit and
accordingly, we do not express an audit opinion.
Exceptional items - Fire Incident (Uninsured Loss)
We draw attention to note no.2 of the Statement, wherein in the previous year on 18th
May 2025, a fire occurred at the Company's factory located at Lote Parshuram
Industrial area (our Mother Unit located at Plot No. C-4) in Ratnagiri, Maharashtra,
resulting in significant damage to inventories, property, plant and equipment, office
area and disruption of operations. This unit was central to company's primary
production activities, and as a result of the damage caused by the fire, all
processes have come to a halt.
Ghatkopar : 620, Goldcrest Business Park, Behind HDFC Bank, Near Shreyas, L.B.S. Road, Ghatkopar
Phone No : +91 22 4973 3968 I 4973 4015
Fort Office : Office No. 168, Khatau Building, 1st Floor, 8/10 Alkesh Dinesh Modi Marg, (Shahid Bhagat Singh Road),
Phone No : +91 22 40022072 / 4004 6887
The other owned/ leased units of the Company were dependent on the output from the
C-4 unit for further processing and production. In the absence of operations at the
Mother Unit, activities at all subsequent units have also ceased. The Company has duly
intimated the stock exchanges, the Factory Inspector, and the Offrce of the Labour
Commissioner regarding the suspension of operations.
The affected assets were not covered by insurance. As a result of this substantial loss
of Rs.2057.47 Lacs was recognised as exceptional items in earlier periods.
5. Impairment of tangible assets:
We draw attention to note no.3 of the Statement on impairment of tangible assets
wherein it is stated that following the fire incident at the factory premises, the Company
has been facing severe operational disruptions, resulting in complete stoppage of
production activities. Due to the non-operational status of the factory and consequent
financial constraints, the Company was unable to disburse salaries/wages to certain
labourers and workers.
Subsequently, unrecognized labour union initiated a strike and protest outside the
factory premises, thereby obstructing ingress and egress to the factory. Owing to the
aggressive and hostile behaviour exhibited by certain workers during the protest,
various professionals proposed to be engaged by the Company, including valuers,
chartered engineers, and other technical experts, expressed apprehension and reluctance
to enter the premises for assessment purposes.
The Company has also lodged an official police complaint in this regard seeking
necessary assistance and protection. However, due to the lack of effective intervention
and inaction by the concerned authorities, the management has been unable to gain
proper access to the premises for conducting inspection and assessment of the actual
damage caused by the fire incident.
Based on the preliminary observations and available information, the management is of
the opinion that a substantial portion of the Plant & Machinery has been severely
damaged/destroyed in the fire incident. However, the Company is still unable to
ascertain and quantify the exact extent of loss and damage until a detailed physical
inspection and technical evaluation is conducted.
6. We draw attention to note no.3 of the Statement on Going concern where the
management expressed its inability to commence manufacturing activities in it's
facilities which is attributable to a range of challenges, including pending statutory
clearances and certain operational constraints. They are actively exploring alternative
options to enter into contract manufacturing arrangements and/or leasin
subject to receipt ofnecessary regulatory approvals and consents.
The Company is evaluating its recovery and rebuilding strategy, including potential
funding arrangements to restore operations.
1 We draw attention to note no.4 of the Statement wherein in the previous year the
Company has received various notices/demand orders under the Goods and Services
Tax ("GST") laws aggregating to Rs. 3,810.93 lakhs pertaining to various assessment
periods. The Company has filed appeals/appropriate responses against such notices
before the relevant appellate authorities and is contesting the matters based on legal
advice received.
Pending final adjudication of the matters, the management believes that the Company
has a strong case on merits and accordingly no provision has been considered necessary
in the financial statements in respect of the aforesaid demands. The amounts disclosed
represent contingent liabilities and do not include interest and penalty, wherever
unascertainable.
We draw at
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