BSESita Enterprises LtdHighNeutral
Announced Thu, 28 May · 16:58 IST

The Board of Directors in their meeting held on 28th May 2026 have considered and approved the appointment of Internal and Secretarial Auditor.

Auditor Mid Year ChangeResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-9.1%1-day move
₹167.00
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AI summary

Sita Enterprises Ltd held its Board meeting on 28th May 2026 and approved audited standalone financial results for FY 2025-26. The statutory auditor M/s Patel Shah & Joshi issued an unmodified (clean) opinion on the financial results. The company reported a net profit before tax of Rs 525.38 lakhs for the year ended March 31, 2026. Total assets stood at Rs 2,077.48 lakhs with cash and cash equivalents of Rs 121.35 lakhs. Net cash from operating activities was Rs 21.70 lakhs (positive). The Board re-appointed Shri Anil Chomal as Internal Auditor and Kala Agarwal as Secretarial Auditor, both for FY 2026-27. The company noted a change in shareholdings, control, and management occurred in September 2025. The company operates as a non-deposit taking NBFC.

Likely market impact

Clean audit opinion with unmodified report indicates no financial reporting concerns. Positive operating cash flow is a healthy sign though investing activities consumed significant cash. Re-appointment of auditors suggests continuity in governance.