| Scrip code | 000000 |
|---|---|
| NSE Symbol | CMMIPL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE289S01013 |
| Name of Company | CMM INFRAPROJECTS LIMITED |
| Type of company | SME |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 14-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 10-11-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Half Yearly |
| Reporting Quarter | Half yearly |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | CIVIL CONSTRUCTION |
| Start date and time of board meeting | 14-11-2025 11:30:00 |
| End date and time of board meeting | 14-11-2025 17:15:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | No |
| Latest Date on which RPT policy is updated | |
| Indicate Company website link for updated RPT policy of the Company | |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| The Company was in CIRP till 11.11.2024, the resolution plan was approved on 11.11.2024. | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Revenue From Operations | ||
| Revenue from operations | 2,083.85 | 2,083.85 | |
| Other income | 3.79 | 3.79 | |
| Total Income | 2,087.64 | 2,087.64 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2,043.38 | 2,043.38 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (26.47) | (26.47) |
| (d) | Employee benefit expense | 46.39 | 46.39 |
| (e) | Finance costs | 6.79 | 6.79 |
| (f) | Depreciation and amortisation expense | 0.98 | 0.98 |
| (g) | Other Expenses | ||
| 1 | Auditor's Remuneration | 2.50 | 2.50 |
| 2 | Office Expenses | 3.00 | 3.00 |
| 3 | Postage Expenses | 0.06 | 0.06 |
| 4 | Rent | 4.66 | 4.66 |
| 5 | Stationary & Printing | 0.05 | 0.05 |
| 6 | Telephone Expenses | 0.02 | 0.02 |
| 7 | Legal & Proffesional Charges | 21.17 | 21.17 |
| 8 | Consultancy Charges | 11.50 | 11.50 |
| 9 | Other Expenses | 6.58 | 6.58 |
| Total other expenses | 49.54 | 49.54 | |
| Total expenses | 2,120.61 | 2,120.61 | |
| 3 | Profit before exceptional and extraordinary items and tax | (32.97) | (32.97) |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Profit before extraordinary items and tax | (32.97) | (32.97) |
| 6 | Extraordinary items | 0.00 | 0.00 |
| 7 | Profit before tax | (32.97) | (32.97) |
| 8 | Tax Expense | ||
| Current tax | 0.00 | 0.00 | |
| Deferred tax | (46.46) | (46.46) | |
| Total tax expenses | (46.46) | (46.46) | |
| 9 | Net Profit Loss for the period from continuing operations | 13.49 | 13.49 |
| 10 | Profit (loss) from discontinuing operations before tax | 0.00 | 0.00 |
| 11 | Tax expense of discontinuing operations | 0.00 | 0.00 |
| 12 | Net profit (loss) from discontinuing operation after tax | 0.00 | 0.00 |
| 13 | Profit (loss) for period before minority interest | 13.49 | 13.49 |
| 14 | Share of profit (loss) of associates | ||
| 15 | Profit (loss) of minority interest | ||
| 16 | Net profit (Loss) for the period | 13.49 | 13.49 |
| 17 | Details of equity share capital | ||
| Paid-up equity share capital | 1,567.33 | 1,567.33 | |
| Face value of equity share capital | 10 | 10 | |
| 18 | Reserves excluding revaluation reserve | ||
| 19 | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.09 | 0.09 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.09 | 0.09 | |
| 20 | Debt equity ratio | 2.19 | 2.19 |
| 21 | Debt service coverage ratio | 694.40 | 694.40 |
| 22 | Interest service coverage ratio | -716.23 | -716.23 |
| 23 | Disclosure of notes on financial results | ||
| 20 | Debt equity ratio | The Company was under CIRP, thus ratios are distorted due to various reasons pertaining to CIRP |
|---|---|---|
| 21 | Debt service coverage ratio | The Company was under CIRP, thus ratios are distorted due to various reasons pertaining to CIRP |
| 22 | Interest service coverage ratio | The Company was under CIRP, thus ratios are distorted due to various reasons pertaining to CIRP |
| A | Date of start of reporting period | 01-04-2025 |
|---|---|---|
| B | Date of end of reporting period | 30-09-2025 |
| C | Whether results are audited or unaudited | |
| D | Nature of report standalone or consolidated | Standalone |
| 1 | Statement of cash flows | |
| Cash flows from used in operating activities | ||
| Profit before extraordinary items and tax | (32.97) | |
| 2 | Adjustments for reconcile profit (loss) | |
| Adjustments to profit (loss) | ||
| Adjustments for finance costs | 6.79 | |
| Adjustments for depreciation and amortisation expense | 0.98 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for share-based payments | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | (3.28) | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | (5.54) | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments to profit (loss) | (1.05) | |
| 3 | Adjustments for working capital | |
| Adjustments for decrease (increase) in inventories | (26.47) | |
| Adjustments for decrease (increase) in trade receivables | 585.07 | |
| Adjustments for decrease (increase) in other current assets | 64.50 | |
| Adjustments for increase (decrease) in trade payables | (209.21) | |
| Adjustments for increase (decrease) in other current liabilities | 123.53 | |
| Adjustments for provisions | 8.88 | |
| Total adjustments for working capital | 546.30 | |
| Total adjustments for reconcile profit (loss) | 545.25 | |
| Net cash flows from (used in) operations | 512.28 | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 320.73 | |
| Net cash flows from (used in) operating activities before extraordinary items | 833.01 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) operating activities | 833.01 | |
| 4 | Cash flows from used in investing activities | |
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property plant and equipment | 0.00 | |
| Purchase of property plant and equipment | 8.64 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 0.00 | |
| Interest received | 3.28 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 38.31 | |
| Proceeds from government grants | 0.00 | |
| Net cash flows from (used in) investing activities before extraordinary items | 32.95 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) investing activities | 32.95 | |
| Cash flows from used in financing activities | ||
| Proceeds from issuing shares | 0.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 6.47 | |
| Repayments of borrowings | 688.97 | |
| Dividends paid | 0.00 | |
| Interest paid | 6.79 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | (193.97) | |
| Net cash flows from (used in) financing activities before extraordinary items | (883.26) | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) financing activities | (883.26) | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (17.30) | |
| 6 | Effect of exchange rate changes on cash and cash equivalents | |
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (17.30) | |
| Cash and cash equivalents cash flow statement at beginning of period | 0.00 | |
| Cash and cash equivalents cash flow statement at end of period | (17.30) | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Unaudited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Equity and liabilities | |||
| 1 | Shareholders' funds | ||
| Share capital | 1,567.33 | ||
| Reserves and surplus | 1,354.80 | ||
| Money received against share warrants | 0.00 | ||
| Total shareholders' funds | 2,922.13 | ||
| 2 | Share application money pending allotment | 0.00 | |
| 3 | Deferred government grants | 0.00 | |
| 4 | Minority interest | ||
| 5 | Non-current liabilities | ||
| Long-term borrowings | 936.91 | ||
| Deferred tax liabilities (net) | 0.00 | ||
| Foreign currency monetary item translation difference liability account | 0.00 | ||
| Other long-term liabilities | 1,205.03 | ||
| Long-term provisions | 0.00 | ||
| Total non-current liabilities | 2,141.94 | ||
| 6 | Current liabilities | ||
| Short-term borrowings | 5,469.21 | ||
| Trade Payables | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 437.40 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 876.73 | ||
| Total Trade payable | 1,314.13 | ||
| Other current liabilities | 1,261.57 | ||
| Short-term provisions | 362.44 | ||
| Total current liabilities | 8,407.35 | ||
| Total equity and liabilities | 13,471.42 | ||
| Assets | |||
| 1 | Non-current assets | ||
| i | Property, Plant and Equipment and Intangible assets | ||
| Property, Plant and Equipment | 538.92 | ||
| Producing properties | 0.00 | ||
| Intangible assets | 0.00 | Preproducing properties | 0.00 |
| Property, Plant and Equipment capital work-in-progress | 0.00 | ||
| Intangible assets under development or work-in-progress | 0.00 | ||
| Total Property, Plant and Equipment and Intangible assets | 538.92 | ||
| ii | Non-current investments | 45.16 | |
| v | Deferred tax assets (net) | 53.57 | |
| vi | Foreign currency monetary item translation difference asset account | 0.00 | |
| vii | Long-term loans and advances | 1,463.20 | |
| viii | Other non-current assets | 1,236.98 | |
| Total non-current assets | 3,337.83 | ||
| Current assets | |||
| Current investments | 0.00 | ||
| Inventories | 3,566.19 | ||
| Trade receivables | 4,839.37 | ||
| Cash and cash equivalents | 0.03 | ||
| Bank balance other than cash and cash equivalents | 370.29 | ||
| Short-term loans and advances | 1,308.03 | ||
| Other current assets | 49.68 | ||
| Total current assets | 10,133.59 | ||
| Total assets | 13,471.42 | ||
| Disclosure of notes on assets and liabilities | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | |||||||
| Net Segment Asset | |||||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | |||||||
| Net Segment Liabilities | |||||||
| Disclosure of notes on segments | |||||||
| Whether results are audited or unaudited | Unaudited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | SPARKS & ASSOCIATES CHARTED ACCOUNTANTS LLP | Yes | 31-03-2026 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 2,087.64 | 2,087.64 |
| 2 | Total Expenditure | 2,120.61 | 10,140.76 |
| 3 | Net Profit/(Loss) | 0.00 | 0.00 |
| 4 | Earnings Per Share | -32.97 | -8053.12 |
| 5 | Total Assets | 13,471.42 | (51.38) |
| 6 | Total Liabilities | 13,471.42 | 5,509.51 |
| 7 | Net Worth | 2,922.13 | (5,098.02) |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| 2 | Textual Information(6) | Qualified opinion | Repetitive | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| 3 | Textual Information(11) | Qualified opinion | Repetitive | Textual Information(12) | Textual Information(13) | Textual Information(14) | Textual Information(15) |
| 4 | Textual Information(16) | Qualified opinion | Repetitive | Textual Information(17) | Textual Information(18) | Textual Information(19) | Textual Information(20) |
| 5 | Textual Information(21) | Qualified opinion | Repetitive | Textual Information(22) | Textual Information(23) | Textual Information(24) | Textual Information(25) |
| 6 | Textual Information(26) | Qualified opinion | Repetitive | Textual Information(27) | Textual Information(28) | Textual Information(29) | Textual Information(30) |
| 7 | Textual Information(31) | Qualified opinion | Repetitive | Textual Information(32) | Textual Information(33) | Textual Information(34) | Textual Information(35) |
| 8 | Textual Information(36) | Qualified opinion | Repetitive | Textual Information(37) | Textual Information(38) | Textual Information(39) | Textual Information(40) |
| 9 | Textual Information(41) | Qualified opinion | Repetitive | Textual Information(42) | Textual Information(43) | Textual Information(44) | Textual Information(45) |
| 10 | Textual Information(46) | Qualified opinion | Repetitive | Textual Information(47) | Textual Information(48) | Textual Information(49) | Textual Information(50) |
| Textual Information(1) | (a) Pursuant to approval of Resolution Plan by Hon'ble Comapny Law Tribunal- Indore Bench Indore, the implementation of resolution plan is under progress as on date of this report. |
|---|---|
| Textual Information(2) | Factual information no comment required. |
| Textual Information(3) | NA |
| Textual Information(4) | NA |
| Textual Information(5) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(6) | (b) Regarding non confirmation of Advance to Supplier Rs. 743.04/- Lacs, Long term Liability Rs. 936.91/- Lacs, Other Non-Current Liability Rs. 724.55/- Lacs, Long term loans & advances of Rs. 1462.17/- and Current Liabilities of Rs. 582.19/- Lacs and any consequential adjustment thereof in books of accounts and their monetary impact on the respective Assets, Liabilities and Profit/Loss for the year, which is presently unascertainable; |
| Textual Information(7) | (b) the management view is: No Impact as these are old outstanding balances, new management pursuant to the approved resolution plan is not under obligation to pay the pre CIRP dues, as the resolution plan is approved and the implimentation is under process, due effect will be given post fulfilment of conditions precedent in the resolution plan. |
| Textual Information(8) | NA |
| Textual Information(9) | NA |
| Textual Information(10) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(11) | (c) Regarding non-confirmation of Trade Payable Rs. 834.95/- lacs and any consequential adjustment thereof in books of accounts and their monetary impact on the respective Assets, Liabilities and Profit/Loss for the year, which is presently unascertainable Further Certain parties have submitted their Claims under CIRP. Pending final outcome of the CIRP, no adjustment have been made in the books of the differential amount, if any, in the claims admitted. Accordingly, we are unable to comment on the financial impact of the same. |
| Textual Information(12) | (c) the management view is: New management pursuant to the approved resolution plan is not under obligation to pay the pre CIRP dues, as the resolution plan is approved and the implimentation is under process, due effect will be given post fulfilment of conditions precedent in the resolution plan. |
| Textual Information(13) | NA |
| Textual Information(14) | NA |
| Textual Information(15) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(16) | (d) Regarding non confirmation of Trade Receivables of Rs. 4479.15/- Lacs are classified under doubtful, Due to which trade receivables are over stated by Rs. 4479.15/- Lacs and loss is understated by Rs. 4479.15/- Lacs. In our opinion 100% provision against recovery of the same needs to be made in financial statements. However, no such provision has been made in the financial statements. Further, balances are not confirmed and not reconciled. |
| Textual Information(17) | (d) the management view is: The Company is hopeful of their complete recovery and new management has filed arbitration before the competent authority, hence no provision is required. |
| Textual Information(18) | NA |
| Textual Information(19) | NA |
| Textual Information(20) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(21) | (e) Interest on secured loan to Bankers/Institutions has not been provided in the financial statements. Although this is in contravention to the provisions to the Accounting Standard (AS) 29 regarding the Provisions, Contingent Liabilities and Contingent Assets. The Company has incurred a net loss of Rs. 32.98/- Lacs during the period ended September 30, 2025 without providing for interest of Rs. 58.24/- Lacs however due to moratorium being applicable owing to CIRP process commenced from 15.12.2022 for the current period and the accumulated interest of Rs. 670.62/-Lacs till September 30, 2025. Moreover in terms of provisions of Section 32A of Insolvency and Bankruptcy Code, 2016, all the liabilities including interest pertaining to period prior to the commencement of the corporate insolvency shall stands extinguished. However, the effect of the same will be given post successful implementation of plan, till that time the liabilities as outstanding in the books of accounts as on 30.09.2025 are carried at book value in the Statement. The creditors who have filed the claim as per terms of the IBC, has been paid as per the approved resolution plan. |
| Textual Information(22) | (e) the management view is: The company was under CIRP untill 11.11.2024, hence moratorium as per provisions of IBC code are applicable. Thus, interest is not provided for. Resolution plan is under implementation and due effect will be given post fulfilment of conditions precedent in the approved resolution plan |
| Textual Information(23) | NA |
| Textual Information(24) | NA |
| Textual Information(25) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(26) | (f) The provisions contained in section 135 of The Companies Act, 2013 as applicable which is related to CSR activities has not been complied by the company. Unspent accumulated CSR amount is Rs. 14.05/- Lacs till September 30, 2025. This unspent amount of CSR relates to FY 2018-19.CSR provisions are not applicable on the company since FY 2019-20. |
| Textual Information(27) | (f) the management view is: Pursuant of approval of resolution plan all laibilities pertaining to PRE - CIRP period need not to be paid, as the resolution plan is approved and the implimentation is under process, due effect will be given post fulfilment of conditions precedent in the resolution plan. |
| Textual Information(28) | NA |
| Textual Information(29) | NA |
| Textual Information(30) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(31) | (g) Inventories amounting to Rs 3370/- Lacs is related to disputed work in progress of various projects terminated during the year. Currently this work in progress is valued at cost which is in contravention to the provision of the accounting standard (AS-2) which states that inventory should be valued at cost or NRV whichever is lower. Accordingly, inventory has been overvalued by Rs 3370/- Lacs and profit has been overstated by Rs. 3370/- Lacs. |
| Textual Information(32) | (g) the management view is: The Company is hopeful of their complete recovery and new management has filed arbitration before the competent authority, hence no provision is required. |
| Textual Information(33) | NA |
| Textual Information(34) | NA |
| Textual Information(35) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(36) | (h) In respect of Property, Plant and Equipment, as stated in Note no 11 amounting to Rs 538.92/- Lacs, out of which most Plant and Machinery and vehicles are not in companies possession. Furthermore, the Resolution professional has filed an Interim Application with Honble NCLT Bench-Indore vide IA/214(MP)2023 for recovering the possession of the same, the IA is pending for disposal as on date. Hence impact of the same is unascertainable. The approved Resolution Plan has proposed that any recovery from these assets to the financial creditors so, the books will be modified according Subject to the outcome of Litigation. |
| Textual Information(37) | (h) the management view is: As the IA filed by Resolution Professional is pending before Honourable NCLT, the company is awaiting the outcome of IA. Due effect if required to be given, will be given post implementation of resolution plan. |
| Textual Information(38) | NA |
| Textual Information(39) | NA |
| Textual Information(40) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(41) | (i) The Company has not charged depreciation on fixed assets for the period subsequent to September 30, 2024, except for those assets which were acquired after 11th November 2024, i.e., after the date of the order passed by the Honble National Company Law Tribunal (NCLT) under the Corporate Insolvency Resolution Process (CIRP). nThe management has represented that this treatment is based on the fact that after the said order, the Companys control and management were transferred to the successful resolution applicant, and the new management did not have actual possession or control over the earlier fixed assets during the subsequent period. Accordingly, depreciation has not been charged on such assets after 10th November 2024. n nIn our opinion, this accounting treatment is not in compliance with the applicable accounting standards, which require depreciation to be provided on a systematic basis over the useful life of an asset, irrespective of whether the asset is under active use or not. Consequently, fixed assets are overstated and depreciation expense is understated to the extent of Rs. 112.76 lakhs not charged for the subsequent period. As a result, the loss for the period is understated by Rs. 112.76 lakhs. n |
| Textual Information(42) | (i) In respect of Property, Plant and Equipment, out of which most of the Plant, Machinery and vehicles are not in Company's possession. Furthermore, Resolution professional has filed an Interim Application with Hon'ble NCLT Indore Bench, the IA is pending for disposal as on date. The new management has decided not to charge the depreciation as same is not in active use and possession of the Company. |
| Textual Information(43) | NA |
| Textual Information(44) | NA |
| Textual Information(45) | Refer 'Basis for Qualified Opinion' in LRR. |
| Textual Information(46) | (j) We observed a mismatch between the bank balance as per the books of accounts of the Company and the balance as per bank statements for the half year ended September 30, 2025. The Company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code, 2016. During the CIRP period, the bankbeing one of the financial creditorshas independently recorded certain transactions by parking entries in the Companys bank account. These entries, however, were not recorded or recognized by the Company in its books of accounts. |
| Textual Information(47) | (j): The new management has maintained reconciliation of the entries passed by the Bank, these entries are related to period prior to passing of order of NCLT order approving the Resolution Plan. |
| Textual Information(48) | NA |
| Textual Information(49) | NA |
| Textual Information(50) | Refer 'Basis for Qualified Opinion' in LRR. |
| Name of CEO / Managing director | Tanay Maheshwari |
|---|---|
| Name of CFO | Rekha Vidhan Chawla |
| Name of audit committee chairman | Yashaswi Jharbade |
| Name of statutory auditor | Chandresh Singhvi |
| Name of other signatory, if any, with designation | |
| Place | Indore |
| Date | 14-11-2025 |
| Name of signatory | |
| Designation of person | |
| Place | |
| Date |
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity /subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | CMM INFRAPROJECTS LIMITED | Tanay Maheshwari | Chief Executive Officer | Remuneration | 9.00 | NA | 9.00 | 22-03-2025 | 4.50 | 0.75 | 1.39 | ||||||||||||||
| 2 | CMM INFRAPROJECTS LIMITED | Rekha Vidhan Chawla | Chief Financial Officer | Remuneration | 6.50 | NA | 6.50 | 22-03-2025 | 3.25 | 0.50 | 0.99 | ||||||||||||||
| 3 | CMM INFRAPROJECTS LIMITED | Durga Goyal | Company Sceretary | Remuneration | 6.50 | NA | 6.50 | 12-04-2025 | 3.12 | 0.00 | 0.99 | ||||||||||||||
| Total value of transaction during the reporting period | 10.87 | ||||||||||||||||||||||||