Summary of Company's Response
Divgi TorqTransfer Systems Limited submitted clarification letters to both the National Stock Exchange of India Limited and BSE Limited regarding the impact of audit qualifications for their financial results. The company confirmed that their statutory auditors issued an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2026.
Date of Communication and Nature of Query
The company sent two separate communications:
- First communication dated May 25, 2026 to both NSE and BSE
- Second communication dated July 03, 2026 specifically to NSE
The exchanges did not raise any specific query about trading volume discrepancies or financial result issues. Instead, the company proactively provided a declaration regarding the audit opinion status as required by regulatory provisions.
Company's Clarification on Audit Qualifications
The company clarified that:
- Statutory Auditors issued an Auditor's Report with unmodified opinion on the Audited Financial Results for the quarter and year ended March 31, 2026
- Accordingly, no Statement of impact of Audit qualification was required to be given
- The unmodified opinion was filed with the Stock Exchange dated May 25, 2026
- Since there was no separate tab available under the heading "Unmodified Opinion", the submission was made under "General Updates"
Reference to Regulatory Compliance
The company specifically referenced Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations"). The declaration was made pursuant to Regulation 33 and other applicable provisions of the LODR Regulations.
Details of Financial Results Clarification
The document does not discuss specific financial results figures, adjustments, or changes. The communication solely focuses on the nature of the audit opinion (unmodified) and the consequent non-requirement of a statement of impact of audit qualifications.
Filing Details
- NEAPS application number: 2026/May/370497/24033
- Date of Submission: May 25, 2026 at 07:14:59 PM
- Submission Type: Announcements
- Short Description: General Updates
- Submitted by: Aniket Kokane, Company Secretary & Compliance Officer (M. No. 51571)