authorisation made under regulation 30 for re-appointment of Internal Auditors of the Company for the FY 2026-27 and authorisation to directors and KMPs of the Company for making disclosures ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mehta Securities Ltd reported audited financial results for FY2025-26 with Total Income of Rs 31.01 lakhs, a significant decline from Rs 45.41 lakhs in FY2024-25 (approximately 32% drop). Profit After Tax collapsed to just Rs 0.09 lakhs compared to Rs 15.85 lakhs in the previous year, representing a 99.4% decline. The statutory auditors issued an unmodified (clean) audit opinion. The Board re-appointed M/s. Trivedi Parikh & Shah as Internal Auditors for FY2026-27. Additionally, the Board authorized Directors and KMPs to make disclosures under Regulation 30(5) of SEBI LODR. An auditor note mentioned the audit trail feature in the accounting software was not activated during FY2025-26 but will be operational from FY2026-27.
The company experienced a severe contraction in both revenue and profitability in FY2025-26, with PAT near zero. The clean audit opinion provides some comfort, but the dramatic decline in earnings is a concern for shareholders. The company needs to demonstrate revenue recovery in FY2026-27 to improve investor confidence.