Shyam Telecom Limited reported its unaudited financial results for the quarter and half-year ending September 30, 2024, showing a significant net loss of ₹45.19 lakhs.

The company’s net worth has been fully eroded, with current liabilities greatly surpassing current assets, raising doubts about its going concern status.

Additionally, the Board approved a postal ballot for appointing Mr. Sunil Rai as an Independent Director for five years.

Financial results will be published in newspapers shortly.