Unisem Agritech Limited has received BSE query on 29.05.2026 regarding Non submission of Statement of Impact of Audit Qualification by the company. In response the company is resubmitting ....
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Unisem Agritech Limited has resubmitted its audited financial results for FY ended March 31, 2026 after BSE issued a query for non-submission of Statement on Impact of Audit Qualifications. The company received a Qualified Opinion from statutory auditors SKSVM & Co. due to non-provision of interest payable to MSME creditors under Section 16 of MSMED Act 2006 - the financial impact is unquantifiable due to incomplete vendor information. Financial performance shows Total Income of Rs 8,107.33 lakhs (up from Rs 6,907.75 lakhs), Profit After Tax of Rs 529.65 lakhs (up from Rs 427.41 lakhs), and EPS of Rs 5.89. Key audit matters included inventory valuation for seasonal seed business, trade receivables recovery (30% of turnover), Rs 20.74 crore related party purchase from Unison, and IPO proceeds utilization. The auditors also noted discrepancies in quarterly statements filed with banks regarding trade receivables and that the company's accounting software lacked audit trail feature.
The qualified opinion on MSME liabilities creates uncertainty about potential undisclosed liabilities. The company is undertaking vendor reconciliation, but until complete information is available, shareholders cannot assess the full financial impact. The filing confirms no change in reported financial figures.