Announced Wed, 17 Jun · 20:01 IST

Board approves results, re-appoints statutory auditor for 5 years

Management Changes View source PDF

ANSALAPI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹3.29
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.6-5.5-7.3-9.1-12.2-23.1-14.0
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AI summary

Board approved multiple quarterly and annual results for FY24-25 and FY25-26. Audit qualifications noted in FY24-25 report. Company under Corporate Insolvency Resolution Process for Lucknow and Rajasthan projects. MRKS and Associates re-appointed as statutory auditor for 5 years till 2030. No dividend for FY25. SOP fine received for late filing of Q3 FY25-26 results. Consolidated results not filed due to data issues from subsidiaries.

Likely market impact

Ongoing insolvency for some projects, modified audit opinion, no dividend, and filing delays raise governance concerns for shareholders.