Financial Results for the year ended 31st March 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Apollo Ingredients Ltd (formerly Indsoya Limited) reported audited financial results for FY ended March 2026. The company filed a revised outcome correcting a clerical error where face value of equity shares was incorrectly stated as ₹10 instead of the correct ₹5 per share - this had no impact on financial performance. The Board also saw leadership changes: James Mody resigned as non-executive director, Amol Dinkar Nigudkar was appointed as Independent Director, Lovely Ghanshyam Mutreja was redesignated from Managing Director to Executive Director (Marketing), and Kirit Ghanshyam Mutreja became Managing Director with monthly remuneration of ₹31.82 lakh. The auditor DMKH & Co issued a clean opinion but included two Emphasis of Matter items: the company failed to maintain audit trail (edit log) in its accounting software as required under Companies Act rules, and the BSE portal still shows the old company name despite name change approval in 2023-24.
The clerical revision in face value is benign. However, the lack of audit trail in accounting software represents a compliance weakness that could raise concerns about internal controls. The leadership restructuring with family members assuming key roles and the pending BSE name updation are procedural matters to monitor.