Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended from time to time, please note that the Board of Directors of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Unison Metals Ltd's Board of Directors approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The statutory auditor M/s. Purushottam Khandelwal & Co. issued an Unmodified (clean) Opinion on standalone results but a Modified/Qualified Opinion on consolidated results. The Board also appointed M/s. Susheel Ajmera & Co. as Internal Auditors and re-appointed M/s. K V M & Co. as Cost Auditor for FY 2026-27. Key audit matters included revenue recognition practices and the suspension of manufacturing operations at the Cold Rolled atta-Patti Plant, where assets classified as 'Held for Sale' have not been sold within one year due to limited buyers. Quarterly stock statements filed with HDFC Bank showed discrepancies with books of account. The company has loans to related parties amounting to Rs. 12.40 lakhs out of total loans of Rs. 64.54 lakhs.
The qualified opinion on consolidated results raises concerns about the group's financial health and may negatively impact investor confidence. The mismatch between quarterly bank statements and books, along with unsold 'Held for Sale' assets, suggests potential asset quality or working capital issues.