BSEMicrose India LtdHighNeutral
Announced Tue, 12 Aug · 19:04 IST

As per PDF attached.

Results RestatedResults View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Microse India's board, meeting on 12 August 2025, approved the unaudited standalone financial results for Q1 FY26 (quarter ended 30 June 2025) along with the limited review report from statutory auditor Todarwal & Todarwal LLP, which issued an unqualified review opinion. A notable item in the results is that revenue from operations is shown as negative because of losses on futures and options; the company also changed its method of valuing shares held as investments and inventory from cost to fair market value, with the impact booked in Q1 itself. The board also approved the FY25 Directors' Report, fixed the AGM for 25 September 2025 at 4:00 p.m., and authorised a book-closure window from 18 to 24 September 2025. A scrutinizer (M/s Pramod S Shah & Associates) was appointed for the e-voting process, and Mr. Saurabh Garg was re-appointed as director (retiring by rotation).

Likely market impact

The negative Q1 revenue line, driven by mark-to-market losses on futures/options and a change in share valuation method, is likely to weigh on near-term sentiment even though the auditor raised no concerns. Shareholders should watch for the AGM on 25 September for FY25 final disclosures and any further clarity on these accounting changes.