Outcome of Board Meeting held today i.e. 28th April, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Typhoon Holdings Limited held its Board meeting on April 28, 2026, and approved the standalone audited financial results for the quarter and year ended March 31, 2026. For FY2026, the company reported total income of Rs. 635.61 lakhs and a net profit of Rs. 2.58 lakhs, compared to Rs. 2.69 lakhs in the previous year - a marginal decline. The auditors issued an unmodified opinion, but flagged two significant concerns: (1) the company failed to appoint an Internal Auditor for the entire Financial Year 2025-26, constituting non-compliance with the Companies Act 2013, and (2) management did not provide balance confirmations and reconciliation statements for certain trade receivables, raising questions about the completeness and accuracy of receivables. Total assets declined to Rs. 50.96 lakhs from Rs. 97.06 lakhs previously.
While the company reported a profit, the auditors' emphasis on missing internal controls and unverifiable receivables suggests elevated risk. The lack of an Internal Auditor for the full year represents a compliance red flag that investors should monitor closely.