PS IT Infrastructure & Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Audited Financial ....
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PS IT Infrastructure & Services Ltd has postponed its Board meeting originally scheduled for May 26, 2026, to consider and approve Q4FY26 and FY26 audited financial results. The meeting has been rescheduled to May 30, 2026. The reason cited for adjournment is non-completion of audit. Notably, the company is being represented by an Interim Resolution Professional, indicating the company is under Corporate Insolvency Resolution Process (CIRP). The notice is issued under Regulation 29 of SEBI LODR Regulations, 2015.
The adjournment due to incomplete audit raises concerns about financial reporting timeliness and may signal potential issues with auditor sign-off. Combined with the company being under CIRP, this indicates significant financial stress and high risk for existing shareholders.