Announced Wed, 5 Aug · 19:10 IST

Q1 FY27 results approved; statutory and secretarial auditors resign and are replaced mid-year

Pat NegativeAuditor Mid Year ChangeRevenue Growth 20pctResults View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Board approved Q1 FY27 unaudited results. Standalone operating revenue rose to Rs. 34.67 lakh from Rs. 25.79 lakh YoY, but loss widened to Rs. 89.37 lakh from Rs. 28.26 lakh as expenses climbed to Rs. 184.88 lakh. Statutory auditor Praveen and Madan resigned citing pre-occupation; J.C. Bhalla and Co appointed as replacement. Secretarial auditor also resigned; Neeta A and Associates took over. 78th AGM set for September 16, 2026.

Likely market impact

Widening quarterly losses and mid-year change of both statutory and secretarial auditors may raise governance concerns among investors.