The Board of Directors in their Board Meeting Held on February 12, 2026 has Appointed M/s. ALAP and CO. LLP as a Secretarial Auditor of the Company for the Financial Year 2025-26
Awaiting price reaction for this filing.
Aditya Forge's board, meeting on February 12, 2026, approved the unaudited financial results for Q3 FY26 (quarter ended December 31, 2025) and appointed M/s. ALAP & Co. LLP as the Secretarial Auditor for FY 2025-26. The company reported zero revenue from operations for the third straight quarter, with a loss after tax of Rs 1.83 lakh in Q3 FY26 versus a profit of Rs 5.11 lakh in Q3 FY25. For the nine months of FY26, the company swung to a loss of Rs 8.10 lakh from a profit of Rs 7.68 crore in the same period last year. The statutory auditor issued a qualified review opinion, flagging that balance confirmations were not provided for trade receivables, trade payables, and loans/advances, limiting their ability to verify these amounts.
Investors should note the sharp deterioration in business — zero operating revenue across recent quarters and a deep year-on-year earnings decline — combined with a qualified auditor opinion, which raises concerns about the reliability of receivables and payables figures. The secretarial auditor appointment is routine compliance and unlikely to move the stock on its own.