Pursuant to Regulation 30 and 33 of SEBI (LODR) Regulation 2015, we attached herewith Audited Standalone and Consolidated Financial result for year ended 31st March 2026.
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Vaarad Ventures Ltd has filed audited financial results for FY 2025-26, approved by the Board of Directors on May 28, 2026. The auditor (J. D. Jhaveri & Associates) has issued clean/unmodified opinions on both standalone and consolidated financial statements with no adverse comments. A key caveat is that subsidiary financial statements were not audited — the auditor relied on management-certified unaudited figures for consolidation purposes, which limits the assurance level on consolidated results. The company operates a single segment only. Internal controls over financial reporting are adequate and operating effectively. There is minor non-compliance regarding audit trail requirements as certain records are maintained in Microsoft Excel which lacks audit trail feature.
Clean audit with no qualifications; however, reliance on unaudited subsidiary financials for consolidation reduces reliability of consolidated numbers. Shareholders should note this limitation when assessing group-level performance. No going concern issues or adverse auditor comments reported.