Resubmits Signed Audit Qualification Impact Statement

Qualified OpinionResults View source PDF Explain this filing

SSDL · price

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

Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹56.90

prior close

₹55.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.9%-2.5% vs market

Garments & Apparels peers, median of 37sector-0.4%-1.2% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 1.2 pts less than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

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15m

-0.1

30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6+0.9-2.5-0.4-1.2

Next day

+0.2+0.5-0.4+0.8-0.7

-1.2+0.7-1.9-0.7-0.5

-1.5+0.0-1.6-1.2-0.3

-3.5-2.0-1.5-3.6+0.1

-2.3-0.1-2.2-2.1-0.3

-2.6+1.4-4.0-0.9-1.7

15d

-8.3-1.4-6.9-4.7-3.7

-4.8+1.3-6.1-3.8-1.0

-1.1+3.8-4.8-5.3+4.2

+21.3+2.9+18.4-9.9+31.1

UpDownMarket · Nifty Microcap 250Sector · Garments & Apparels peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Saraswati Saree Depot resubmitted signed Statement of Impact of Audit Qualifications for FY26 after exchanges flagged the original as unsigned. Auditor Sanjay Vhanbatte gave a Qualified Opinion due to missing stock records with quantitative details, with inventory based only on physical counting. This qualification has been continuing for 5 years. FY26 revenue rose to Rs 6,311.6 million from Rs 6,035.9 million, while profit fell to Rs 234.1 million from Rs 305.8 million.

Likely market impact

Qualified opinion signals weak record-keeping. Impact quantified as nil by management, but 5-year-old qualification may dent investor confidence.