Amerise Biosciences

Amerise Biosciences Limited, formerly known as Amradeep Industries Limited, is a company that did not carry out any significant business activity during the year. The management is actively searching for a suitable opportunity to restart business functions and make the company fully operational once more. Due to sluggish market conditions and a shortage of working capital, the company has faced a huge setback and is not generating any revenue. To handle this situation, the board is focusing its best efforts on implementing feasible cost reduction measures to control its fixed expenses. The company has stated that its future development and path to growth will entirely depend on the successful commencement of new operational activities. As a result of its inactivity, the company reported zero revenue from operations and incurred a net loss of ₹14.61 lakhs for the financial year.;