Announced Sat, 25 Jul · 17:26 IST
Q1 FY27 results approved; Company Secretary resigns
Price
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Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹2.72
prior close
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base price
After-mkt
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AI summary
Board approved unaudited standalone and consolidated results for Q1 FY27 (quarter ended 30 June 2026). Auditor flagged non-provision of interest on unsecured loans of Rs 66.49 lacs as not in line with Ind AS 109; had it been provided, loss would be higher by the same amount. Ms. Karishma Jain resigned as Company Secretary and Compliance Officer (KMP), effective 28 July 2026, citing personal reasons. Company is looking for a replacement.
Likely market impact
KMP exit plus auditor flag on loan interest non-provision may raise governance concerns; watch for timely replacement appointment and clearer financials.