Board approves results, solar investment and shareholder postal ballot
BHARATSE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board approved unaudited results for the quarter and six months ended September 30, 2026. Auditors did not qualify the review, but highlighted uncertainty from an earlier income tax search and one branch that was not reviewed. Shareholders will vote by postal ballot on higher transaction limits with NDR Auto Components. The board also approved Rs 99 lakh for 26% of a proposed solar power company, expected by Q1 2027-28.
Tax uncertainty remains. Solar investment may reduce power costs, while shareholder approval would allow higher transaction limits with NDR.