Appointment/Re-appointment of Auditors of the Company
AKSHOPTFBR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Aksh Optifibre Limited held its Board meeting on May 28, 2026, approving audited financial results for Q4 and FY2026. Standalone revenue from operations was Rs 12,570.66 lakhs (down from Rs 12,712.48 lakhs), with loss before tax of Rs 1,106.40 lakhs (improved from Rs 2,201.18 lakhs loss). The company appointed Ajay Kumar Singh & Co. as Cost Auditors and re-appointed Felix Advisory and S R Goyal & Co. as Internal Auditors for FY 2026-27. The Board also approved re-appointment of Dr. Kailash S. Choudhari as Director (retiring by rotation) and Mr. Satyendra Kumar Gupta as Professional Consultant for one year. The Auditor issued a qualified opinion citing non-recognition of liabilities worth Rs 2,986.54 lakhs under government schemes.
The company shows improved operational performance but remains in loss with negative other equity of Rs 48.99 lakhs (standalone). Multiple legal challenges including NCLT insolvency proceedings and SARFAESI notices from lenders create ongoing uncertainty for shareholders.