Pursuant to Reg 30 of SEBI (LODR) REG 2015 the Board of directors of company in meeting held today has considered and approved reappointment of Statutory auditor and internal auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sangam Finserv Limited reported FY2026 audited standalone results with total revenue of Rs 1,548.92 lakhs, down from Rs 1,701.48 lakhs in FY2025. Net profit declined significantly to Rs 325.76 lakhs from Rs 659.72 lakhs YoY. The Q4 standalone result showed a net loss of Rs 547.98 lakhs due to a large fair value loss of Rs 581.68 lakhs. The Board approved re-appointment of M/s O.P. Dad & Co. as Statutory Auditors for a second term of 5 years (FY2026-27 to FY2030-31) subject to shareholder approval, and re-appointed M/s NVS & Co. as Internal Auditor for FY2026-27. Borrowings doubled to Rs 5,397.90 lakhs while the loan book shrank to Rs 9,708.44 lakhs. Total assets grew to Rs 19,142.46 lakhs.
The sharp decline in profitability and large fair value loss in Q4 are concerns. The doubling of borrowings and shift toward investments signals a changing business mix. Routine auditor reappointment is neutral.