Declaration regarding Un-modified opinion on Audit Report for the Year ended on 31st march 2026
Awaiting price reaction for this filing.
Golkonda Aluminium Extrusions Ltd has submitted a declaration to BSE stating that its statutory auditors, VRSK & Associates, have issued an unmodified opinion on the standalone audited financial results for FY2026 ended March 31, 2026. However, the company disclosed two compliance exceptions: (1) failure to maintain accounting software with audit trail features as mandated under Rule 3(1) of the Companies (Accounts) Rules 2014, and (2) non-compliance with Indian Accounting Standards specified under Section 133 of the Companies Act. The declaration is signed by Director Geeta Sethi and dated May 25, 2026.
Although the auditors gave an unqualified opinion, the two accounting compliance violations represent red flags for investors. Non-compliance with Ind AS and audit trail requirements could attract regulatory scrutiny and may require remediation. Investors should monitor for corrective actions from the company.