Board Meeting Details
The Board meeting commenced at 3:00 p.m. and concluded at 3:45 p.m. on Wednesday, August 12, 2026.
Key Decisions Approved
1. Unaudited Financial Results: The Board considered and approved the unaudited standalone financial results along with the limited review report for the quarter ended June 30, 2026.
2. Auditor Re-appointments:
- Re-appointment of M/s. VKMG & Associates LLP as Secretarial Auditors for financial year 2026-2027
- Re-appointment of M/s. Moxit & Associates, Chartered Accountants as Internal Auditor for financial year 2026-2027
Financial Results Disclosure
- Unaudited Standalone Financial Results for Quarter ended June 30, 2026
- Limited Review Report of Statutory Auditors on the aforesaid Results
The financial results can be accessed at the company's website: indoeuroindchem.com
Limited Review Report Details
The independent auditor's review report was issued by Vora & Associates Chartered Accountants (Firm Registration No.: 116628W) through partner Ramit R (Membership No.: 140371). The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 and concluded that nothing came to their attention causing belief that the financial results contain material misstatement. The report is dated August 12, 2026.
Financial Results Notes
1. The unaudited financial results for quarter ended June 30, 2026 were reviewed by the Audit Committee and approved by the Board on August 12, 2026.
2. The company operates in a single business segment (Trading in Chemicals & others), making segment information disclosure under Ind AS 108 not applicable.
3. Management is making efforts for recovery from parties and has not recommended any provision for doubtful debts against receivables.
4. Inventory is valued using consistent methods followed by the company and timely verified by management.
5. Tax provisions:
a) Provision for current taxation for the quarter is calculated and provided at applicable rates
b) Deferred tax liability/assets for the quarter has not been provided and will be accounted in annual audited accounts in accordance with IND AS
6. Figures have been re-classified/regrouped/re-arranged wherever necessary
Auditor Profiles
M/s. VKMG & Associates LLP: Peer reviewed firm of Company Secretaries with extensive experience in secretarial audit services across sectors including Information Technology, Banking & Non-Banking Financial Companies (NBFC), Capital Markets, Asset Management Companies (AMC), Insurance, E-Commerce, Diamond and Real Estate. Comprises three full-time partners with over two decades of expertise in Corporate Laws, SEBI Regulations, FEMA, Insolvency and Bankruptcy Code (IBC), and Real Estate Laws.
M/s. Moxit & Associates: Chartered Accountancy firm offering comprehensive range of audit, assurance, taxation, accounting, financial and business advisory services. Key areas of expertise include Financial Analysis & Modelling, Due Diligence, Statutory & Internal Audits, Financial Reporting, Direct & Indirect Taxation, Corporate Finance, Accounting & Bookkeeping, Internal Controls & Risk Advisory, Business Advisory, Financial Valuation, Mergers & Acquisitions, Transaction Advisory, Business Restructuring, and CFO & Management Advisory Services.