Intimation for Appointment of Internal Auditor for FY 2026-27.
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Iconik Sports And Events Limited's Board of Directors met on May 27, 2026, and approved four key items: (1) Audited financial results for Q4 and FY 2025-26 showing strong performance with total revenue of ₹4,582.39 Lac (up 260% YoY from ₹1,271.19 Lac) and net profit of ₹433.56 Lac (up 67% YoY), (2) Re-appointment of M/s. Garg Ashok & Company, Chartered Accountants as Internal Auditor for FY 2026-27, (3) Unmodified audit opinion from statutory auditors M/s. DGMS & Co., and (4) Shifting of registered office from Chembur to Andheri West, Mumbai. The company's total assets grew to ₹8,727.73 Lac and cash reserves improved significantly to ₹120.15 Lac from ₹0.39 Lac in the prior year.
The company demonstrated exceptional revenue and profit growth in FY26, indicating strong operational performance. The re-appointment of the internal auditor and clean audit opinion suggest robust governance. The share capital increase (from ₹1,965.70 Lac to ₹3,384.20 Lac) suggests potential fundraise activity. The office relocation to Andheri West may indicate business expansion plans.