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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Nivaka Fashions announced a financial loss and decided to delist from two exchanges while staying on BSE.
🤖 AI Summary
Nivaka Fashions reported a Net Loss of (12.40) Lakhs for the quarter ended 30th September 2026 (Q2 FY27).
Board approved voluntary delisting of equity shares from Metropolitan Stock Exchange of India (MSEI) and The Calcutta Stock Exchange (CSE).
Equity shares will continue to be listed on BSE, and no exit opportunity is required for shareholders.
Ms. Pallavi Parikh (Membership No: A47489) was appointed as Company Secretary and Compliance Officer effective 14th November 2026.
Total Income from Operations was 1.25 Lakhs for the quarter ended 30th September 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Net Profit/ (Loss) for Q2 FY27
(12.40) Lakhs
Not comparable — limited prior period data.
Total Income from Operations Q2 FY27
1.25 Lakhs
Not comparable — limited prior period data.
Net Profit/ (Loss) for Half Year Ended 30th September 2026
(107.13) Lakhs
Not comparable — limited prior period data.
Paid-up equity share capital
1,026.90 Lakhs
🏢 How This Affects the Company
📈
Business Impact
The company's primary business activity as per the filing is in "Textile Products", with one reportable segment.
💰
Financial Impact
The company reported a Net Loss of (12.40) Lakhs for Q2 FY27 and a Net Loss of (107.13) Lakhs for the half year ended 30th September 2026.
⚙️
Operational Impact
The appointment of a Company Secretary and Compliance Officer indicates adherence to corporate governance requirements.
⚠️
Risk Impact
The voluntary delisting from two exchanges may reduce the visibility and liquidity of the company's shares on those specific platforms.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders as the equity shares will remain listed on BSE.
👤
Who Is Affected
Shareholders trading on MSEI and CSE will no longer be able to do so on these specific exchanges, but can continue trading on BSE.
🔍
Management Signal
Management's decision indicates a focus on maintaining listing on a nationwide platform (BSE) while streamlining exchange presence.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Next quarterly results — assess any change in financial performance indicators.
Public notice of delisting — observe finalization of delisting from MSEI and CSE.
Corporate governance updates — monitor future compliance and management changes.
HIGH RISKPersistent net losses and delisting from two exchanges suggest significant operational and financial challenges for the company.
💡 Investor Takeaway
Nivaka Fashions reported a Net Loss of (12.40) Lakhs for Q2 FY27. The Board approved voluntary delisting from MSEI and CSE, retaining its listing on BSE. Total Income from Operations for Q2 FY27 stood at 1.25 Lakhs.
⚖️ Strengths & Concerns
⚠️ Concerns
Nivaka Fashions reported a Net Loss of (12.40) Lakhs for Q2 FY27 and a half-year Net Loss of (107.13) Lakhs.
Revenue From Operation was 0.00 Lakhs for Q2 FY27, with Total Income from Operations at 1.25 Lakhs.
❓ Frequently Asked Questions
What was Nivaka Fashions' Net Profit/Loss for Q2 FY27?
Nivaka Fashions reported a Net Loss of (12.40) Lakhs for the quarter ended 30th September 2026 (Q2 FY27).
Which stock exchanges is Nivaka Fashions delisting from?
Nivaka Fashions is voluntarily delisting its equity shares from Metropolitan Stock Exchange of India Limited (MSEI) and The Calcutta Stock Exchange Limited (CSE).
Will Nivaka Fashions shares remain listed on any exchange after this delisting?
Yes, Nivaka Fashions' equity shares will remain listed on BSE Limited, which has nationwide trading terminals.
Who has been appointed as Company Secretary and Compliance Officer for Nivaka Fashions?
Ms. Pallavi Parikh (Membership No: A47489) has been appointed as the Company Secretary and Compliance Officer for Nivaka Fashions, effective 14th November 2026.
What was Nivaka Fashions' Total Income from Operations for Q2 FY27?
Nivaka Fashions' Total Income from Operations for the quarter ended 30th September 2026 (Q2 FY27) was 1.25 Lakhs.
Questions based on this BSE filing only. For information purposes.
All BSE filings we have analysed for Nivaka Fashions Ltd.
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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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