Outcome of BM held on 29th May 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bharat Global Developers Ltd (BSE: 521238) held its Board Meeting on May 29, 2026 and approved the audited standalone financial results for Q4 and full year ended March 31, 2026. For FY2026, the company reported total income of Rs 66,858.42 Lakhs and profit after tax of Rs 1,602.96 Lakhs. Q4 FY26 showed revenue of Rs 12,215.56 Lakhs with PAT of Rs 198.93 Lakhs. The statutory auditors R B Gohil & Co. issued an unmodified opinion. However, the auditors' report highlighted critical compliance issues: the company's GST registration was cancelled with retrospective effect from April 1, 2024, and the company has not filed its Income Tax Return for FY 2024-25 within the prescribed time limit nor paid the related tax liability.
While the company posted profit for the year, the auditors flagged serious compliance lapses—GST cancellation and non-filing of ITR—which could lead to regulatory penalties and impact future operations. Shareholders should monitor the company's corrective actions on these tax compliance issues.