Melstar Information Technologies Limited
Incorporated in 1986, Melstar Information Technologies Ltd is a software service company which provides IT solutions and skilled manpower.
What Melstar files
- Others62
- Important16
- Board Meeting9
- Updates3
- Results3
- QIP/Rights/Pref.1
Melstar's Board approved Q4 and FY financial results, which received a qualified audit opinion due to going concern issues stemming from its NCLT resolution and awaiting business licenses. The company also saw an independent director resign, a new independent director appointed, and changes in internal and secretarial auditors.
Melstar approved audited Q4/FY26 results with a qualified opinion, highlighting going concern risks post-insolvency, pending business licenses. Board shifts include an independent director's exit & new appointment, plus internal & secretarial auditor changes.
Melstar Information Technologies Limited has informed the Exchange regarding 'Re-Constitution Of Nomination And Remuneration Committee Of The Board'.
Melstar approved Q4/FY26 results, but auditors issued a qualified opinion due to ongoing going concern uncertainty from a 2019 insolvency process, despite management's revival plans. An Independent Director resigned; a new finance expert joined. Internal auditors changed due to fee terms. Subsidiaries reported no revenue and losses (Q4: (0.34) Cr,...
Melstar's Board approved Q4 and FY financial results, but auditors issued a qualified opinion due to ongoing Corporate Insolvency Resolution Process and pending business licenses, raising going concern questions. Board changes include a director's resignation and a new appointment.