Pursuant to the provisions of Regulation 30 and 33(3) and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''SEBI LODR'') if any, ....
Awaiting price reaction for this filing.
Shivom Investment & Consultancy Ltd held its Board Meeting on 30th May 2026 approving FY2026 audited financial results. The company reported total income of Rs 349.66 lakhs (down from Rs 387.02 lakhs in FY2025) and profit after tax of Rs 288.48 lakhs (up from Rs 370.18 lakhs in FY2025). The Statutory Auditor issued a DISCLAIMER of opinion citing four key issues: (1) pending equity restructuring under the IBC Resolution Plan awaiting regulatory approvals, (2) company ceased NBFC activities and surrendered its license per NCLT order dated 18.08.2025, (3) incomplete handover of historical books and records due to management transition, and (4) verification and fair valuation of assets/liabilities under Ind AS is still in progress. New auditors appointed: Patel Soni Shah & Co as Statutory Auditors for 5 years. Company is transitioning from NBFC to manufacturing of metal products. Trading suspension revocation application is pending with BSE.
The disclaimer of opinion raises significant concerns about financial statement reliability as the new management lacks complete access to historical records. Shareholders should monitor pending asset verification and regulatory approvals for the capital restructuring. The company proposes to pivot to manufacturing operations but has not yet started such business.