Revised Annual Report for the financial year 2022-23 filled due to Exchange Query
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AA Plus Tradelink Limited has submitted a revised Annual Report for FY 2022-23 to BSE after being prompted by an exchange query. The company, listed on the SME platform of BSE since July 2021 and now seeking migration to the mainboard, trades in iron & steel, aluminium, graphite, and alloy products and takes contracts for aluminium window fittings. For FY 2022-23, it reported turnover of Rs. 17.17 crore and net profit after tax of Rs. 20.54 lakh, up from Rs. 18.58 lakh in the previous year (about 10.5% growth). The Board did not recommend any dividend, and stated there were no related party transactions, no subsidiaries, and no qualifications in the auditor's or secretarial auditor's reports.
For shareholders, this is a routine compliance correction rather than a fundamental red flag — financials show modest profit growth and a clean audit opinion. However, the revised filing and the simultaneous appointment of a new statutory auditor (C.P. Lodha & Co, replacing Jain Anil & Associates) for a 5-year term are worth watching for any follow-up disclosures.