5327212026-04-012026-06-305327212026-06-305327212026-04-012026-06-30in-capmkt:OtherExpenses1Member5327212026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15327212026-06-30Statement15327212026-04-012026-06-30Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares532721VISACHROMENOTLISTEDINE286H01012VISA Chrome LimitedMain BoardEquity2026-04-012027-03-312026-08-122026-08-05INRCroresQuarterlyFirst quarterSingle segmentFerro Alloys2026-08-1212:30:002026-08-1217:25:00Not applicabletrue1falseNot Applicable2026-04-012026-06-30UnauditedStandalone120440000060000012050000007129000000-1612000007600000079300000676000005260000001300600000-956000000-956000000000-956000000000-95600000800000-94800000145790000010-0.66-0.6600-0.66-0.661. The above unaudited financial results of the Company were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meetings held on 12 August 2026. The Statutory Auditors have conducted the limited review of the above Standalone unaudited financial results. <br /> <br /> 2. The standalone financial results of the company for the quarter ended 30 June 2026 have been prepared in accordance with the Indian Accounting Standards ("Ind AS") as prescribed under section 133 of the Companies Act 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 and relevant rules thereafter. <br /> <br /> 3. The Company is in the business of Ferro Alloys and hence has only one reportable operating segment as per Ind AS 108 "Operating Segments". <br /> <br /> 4. The Company's financial performance has been adversely affected due to non-availability of working capital for operations, and other external factors beyond the Company's control. It is expected that the overall financial health of the Company would improve after improvement in availability of working capital. Accordingly, the Company has prepared the financial results on the basis of going concern assumption. The statutory auditors have included a paragraph on material uncertainty related to going concern in their Review Report without modifying their conclusion thereon. <br /> <br /> 5. The Preferential Issue Committee of the Board of Directors on 26 November 2025 had approved and alloted 5,00,00,000 warrants at an issue price of Rs. 40/- each payable in cash, on preferential basis, on receipt of Rs. 50 Crore i.e. 25% of the Issue price. These warrants are convertible into or exchangeable for equivalent number of fully paid up Equity Shares of the Company of face value of Rs. 10/- each which may be exercised in one or more tranches during the period commencing from the date of allotment of the warrants until the expiry of 18 months. During the quarter ended 30 June 2026, the Preferential Issue Committee of the Board of Directors on 6 April 2026, approved conversion and allotment of 1,65,00,000 warrants into Equity Shares by way of issuing of equivalent number of Equity Shares of Rs. 10/- each, on receipt of balance consideration of 75% i.e. Rs. 49.50 Crore. The Company has converted 3,00,00,000 warrants into Equity Shares, including 1,35,00,000 warrants converted in the quarter ended 31 December 2025 upon receipt of Rs. 40.50 Crore. The total consideration received of Rs. 140 Crore as above has been utilised for repayment of debt to ACRE. <br /> <br /> 6. The Exceptional items for the previous period represents (a) write back of difference between the outstanding amount and settlement amount of the loan exposure of Rs. 1,082.20 Crore and (b) waiver of interest on outstanding amount of the unsecured loan granted by VISA Infra Limited (formerly VISA Infrastructure Limited) of Rs. 6.91 Crore. <br /> <br /> 7. During the quarter ended 30 June 2026, a Scheme of Arrangement between VISA Infra Limited (formerly known as VISA Infrastructure Limited) and VISA Industries Limited has been sanctioned by Hon'ble National Company Law Tribunal, Kolkata vide an Order dated 21 April 2026, consequent to which the shareholding of VISA Infra Limited (formerly known as VISA Infrastructure Limited) in the Company stands transferred to and vested in VISA Industries Limited effective from the appointed date of 1 April 2025. <br /> <br /> 8. The figures for the quarter ended 31 March 2026 are balancing figures between the audited figures in respect of financial year ended 31 March 2026 and the unaudited published figures up to nine months ended 31 December 2025.Other Expenses526000000Items that will not be reclassified to profit or loss80000080000000800000Preferential Issues2026-04-064950000002026-06-30trueCARE RATINGS LIMITEDfalseNot ApplicableNoneNoneAMISHA CHATURVEDI KHANNACompany Secretary and Compliance OfficerKOLKATA2026-08-12