Exchange seeks clarification on audit qualification statement for Q4 FY26

LAXMICOT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.3%Reaction day

₹14.99

prior close

₹14.98

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-2.1% vs market

Other Textile Products peers, median of 182sector+0.1%-1.4% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.4 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.3+0.8-2.1+0.1-1.4

Next day

+2.8+1.7+1.1+0.3+2.5

-2.3+0.9-3.3-0.4-1.9

+0.3+0.8-0.6+0.4-0.2

+1.7+0.2+1.5-0.5+2.1

+0.0-0.1+0.1-1.3+1.3

-2.0+1.1-3.1-1.3-0.7

15d

+1.2+2.5-1.3-1.2+2.4

-1.9+1.2-3.2-0.9-1.0

-2.2+4.9-7.1-0.7-1.5

-14.5+5.8-20.3-2.8-11.7

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 182Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The stock exchange has asked Laxmi Cotspin to clarify why it has not submitted the Statement of Impact of Audit Qualifications for the quarter ended 31 March 2026 under SEBI LODR rules. This suggests a possible modified audit opinion. The company has not yet responded to the exchange query.

Likely market impact

Signals a possible compliance lapse and may hint at auditor concerns. Awaited response could keep investor sentiment weak until clarity emerges.