BSEKDJ Holidayscapes and Resorts LtdHighNeutral
Announced Wed, 22 Jul · 18:36 IST
Avenique Q1 results carry auditor disclaimer; company renamed from KDJ Holidayscapes
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Avenique Limited (formerly KDJ Holidayscapes) reported Q1 FY27 standalone revenue of Rs 73 lakh and net profit of Rs 8.19 lakh. Consolidated net profit was Rs 1.22 lakh. Auditor issued a disclaimer of conclusion, flagging unverified agro revenue done outside banking channels, Rs 892.96 lakh unverified subsidiary investments, and unsubstantiated deferred tax assets. Company recently changed name and diversified into agro and clean energy. New auditor appointed mid-year after emerging from CIRP.
Likely market impact
Auditor disclaimer raises serious concerns about revenue and asset reliability; shares await trading approval and prior CIRP history adds risk.