In furtherance to our intimation dated 25th May, 2026 and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
White Organic Agro Limited's Board approved audited financial results for Q4 and FY ended March 2026. The company reported total income of Rs 2,436.34 Lakhs and net profit of Rs 97.56 Lakhs. However, auditors issued a Qualified Opinion due to two issues: (1) the company has not made provision for Rs 201.91 Lakhs doubtful loan from Future Farms LLP (disinvested in 2020-21, still outstanding since 2021), and (2) unpaid dividend of Rs 45,669/- from FY 1997-98 has not been transferred to IEPF as required under Companies Act. If the loan provision had been made, the company would have reported a net loss of Rs 57.43 Lakhs instead of profit.
The qualified audit opinion signals governance concerns. The true profitability is significantly lower than reported, with potential loss if the doubtful loan provision is enforced. Shareholders should monitor the company's recovery efforts for the Rs 201.91 Lakhs outstanding loan.