Panther Industrial Products Ltd Board Approves FY26 Results

Key Quantitative Figures and Details

Board Meeting Details

• A meeting of the Board of Directors was held on Wednesday, 27th May, 2026.
• The meeting commenced at 4:00 P.M. and concluded at 5:00 P.M.

Board Approvals

1. The Board approved the Audited Financial Results for the quarter and year ended 31st March, 2026. A copy was enclosed with the filing.

2. The Board approved the Audit Report submitted by M/s Rajesh H. Gupta & Co., Chartered Accountants, the Statutory Auditors of the company. A copy was enclosed with the filing.

Independent Auditor's Report on Standalone Financial Results

• The auditor, Rajesh H. Gupta & Co., Chartered Accountants (Firm Regn No. 131856), issued a report on the standalone quarterly financial results for the quarter ended 31st March, 2026, and the year-to-date results for the period from 1st April, 2005 to 31st March, 2026.
• The audit was conducted in accordance with Standards on Auditing prescribed under section 143(10) of the Companies Act, 2013.
• The auditor's report includes two key qualifications:
• Qualification 1: The company has reflected borrowing liabilities amounting to ₹23.20 lakh outstanding for more than 15 years. Due to insufficient appropriate audit evidence concerning the accuracy and completeness of these particulars, the auditor is unable to determine whether any adjustments are required.
• Qualification 2: As per the requirement of Ind AS, the company has to undertake valuation of material customers who comprise a significant portion of revenue. In the absence of adequate information and supporting documentation, the auditor is unable to determine the impact of such re-measurement.
• The auditor also included an Emphasis of Matter paragraph stating, "We further state that company is in process of amalgamation with SHIVANG EDIBLES LTD."
• The audit report was signed by Rajesh Kumar Gupta, Managing Partner (Membership No. 147465), and was dated 27th May 2026 in Mumbai.

Parties Involved

• Stock Exchange: BSE Limited
• Statutory Auditors: M/s Rajesh H. Gupta & Co., Chartered Accountants
• Amalgamation Counterparty: Shivang Edibles Ltd (mentioned in Emphasis of Matter)
• Company Representatives: Kaushik C. Shah (Managing Director, DIN: 00009510); Pooja Jain (Company Secretary & Compliance Officer)

Financial Impact

• The financial impact of the qualified items (borrowing liabilities of ₹23.20 lakh and customer valuation) is not quantified in the disclosure. The auditor's report states an inability to determine the required adjustments.

Capital Structure Impact

No change in capital structure was disclosed in the provided text.

Cash Flow Implications

No specific cash flow implications were disclosed in the provided text.

Forward-Looking Guidance

No forward-looking guidance or management commentary was present in the provided text.