Further to our letter no TAI/SEC/SEBI LODR/26-27/019 dated 20th May, 2026, we hereby inform that the Board of Directors at its Meeting held today, i.e., 28th May, 2026, has considered and ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TAI Industries Ltd's Board of Directors approved the Audited Financial Results for the quarter and year ended 31st March, 2026 at their meeting on 28th May, 2026. Statutory auditors KAMG & Associates issued an unmodified (clean) opinion on the financial statements. A key audit matter was raised regarding advances of Rs 742.37 lakhs recoverable from Tai Projects Private Limited for a Family Entertainment Complex project, which has been pending in Calcutta High Court for over two decades with uncertain recoverability. The auditors also drew attention to deferred tax assets/liabilities reconciliation being under process. The company did not incur cash losses in FY2026 or the preceding year, and no dividend was declared during the year.
Clean audit opinion with no going concern doubts is positive for shareholders. However, the Rs 742.37 lakh advance recovery uncertainty and deferred tax reconciliation pending are watch items that investors should monitor.