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 the audited financial results for Q4 and FY 2025-26. The company reported total income of Rs 2,436.34 Lakhs and net profit of Rs 173.06 Lakhs for the year. However, the statutory auditor issued a QUALIFIED OPINION due to two concerns: (1) failure to provision Rs 201.91 Lakhs doubtful loan from Future Farms LLP (disinvested in 2020-21, still outstanding since 2021), and (2) non-transfer of unpaid dividend Rs 45,669/- to IEPF (from FY 1997-98). Had the provision been made, the company would have reported a net LOSS of Rs 57.43 Lakhs instead of profit. Total assets would reduce by Rs 201.91 Lakhs and net worth by Rs 162.41 Lakhs.
The qualified audit opinion is a serious red flag. The company appears profitable on paper but would be loss-making without the disputed loan treatment. Investors should note the compliance failure with IEPF rules and the unresolved outstanding loan from a disinvested entity.