M/s. Jain N K & Co. Chartered Accountant in practice is appointed as Internal Auditor of the Company for F. Y. 2026-2027 pursuant to Section 138 of the Companies Act, 2013
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
T Spiritual World Ltd held its Board meeting on 28th May 2026 and approved the standalone audited financial results for Q4 and year ended 31st March 2026. The company reported total income of Rs. 3.72 Lakhs (vs Rs. 0.72 Lakhs in previous year) and a net loss of Rs. 16.87 Lakhs, narrowing from a loss of Rs. 20.11 Lakhs in the previous year. The statutory auditor, M/s Mohindra Arora & Co., issued an unmodified opinion. The Board also appointed M/s. Jain N K & Co. as the Internal Auditor for FY 2026-2027 pursuant to Section 138 of the Companies Act, 2013. Notably, the company's accumulated losses exceed 90% of its capital, though the financial statements have been prepared on a going concern basis. No defaults on loans or debt securities exist, and related party transactions involving KMP remuneration have been disclosed.
The appointment of a new internal auditor is a routine compliance exercise under the Companies Act and does not signal any governance concern. The company's narrowing losses and absence of debt defaults are positive, but the heavy accumulated losses exceeding 90% of capital remain a significant watch item for investors.