Auditor flags going concern uncertainty; net liabilities of Rs 72.77 lakh
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Amalgamated Electricity Co revised its FY26 auditor's report filing after initially attaching the wrong document. The board approved audited results for Q4/FY26 on May 30, 2026. Auditor Vatsaraj & Co issued an unmodified opinion but flagged material going concern uncertainty — total liabilities exceeded total assets by Rs 72.77 lakh, meaning the company has negative net worth. Going concern depends on future operations and substantial financial support. NKSB & Associates was appointed internal auditor for FY27.
Company has negative net worth and going concern risk. Financial support needed for continuity. Monitor for further updates.