BSEWagend Infra Venture LtdMediumNeutral
Announced Sat, 30 May · 19:19 IST

1. Appointment of Gajab Maheshwari and Associates, PCS as the Secretarial Auditors of the Company for the Financial Year 2026-2027. 2. Appointment of Ritik Agrawal & Company, Chartered ....

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Price reaction · full curve 14 horizons · vs prior close
-4.3%1-day move
₹1.15
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AI summary

Wagend Infra Venture Limited's Board of Directors met on May 30, 2026, and approved the audited financial results for Q4 and Financial Year ended March 31, 2026. The company reported total revenue of Rs. 278.62 lakh for FY2026, a significant jump from Rs. 42.98 lakh in FY2025. Net profit stood at Rs. 3.37 lakh compared to Rs. 2.29 lakh in the previous year. The statutory auditor Motilal & Associates LLP issued an unmodified opinion on the financial statements. The board also appointed Gajab Maheshwari and Associates as Secretarial Auditor and Ritik Agrawal & Company as Internal Auditor for FY 2026-2027. Additionally, the company shared information about SEBI's special window for re-lodgement of physical share transfer requests valid from February 2026 to February 2027.

Likely market impact

The company showed improved financial performance with strong revenue growth and maintained clean audit status with unmodified opinion, which is positive for shareholders. The appointment of new auditors and compliance with SEBI regulations indicates proper governance practices.