Audit Report Details
The company received an audit report from NKSC & Co dated 30th May, 2026 with a modified opinion. The statement provides details of audit qualifications, management's views and explanations, and the quantified and/or qualitative impact on financial statements.
Financial Results (Amounts in ₹ Lakh, except EPS)
The audited financial figures as reported before adjusting for qualifications are:
- Turnover/Total Income: ₹1725.73
- Total Expenditure: ₹2362.69
- Net Loss: ₹(636.96)
- Earnings Per Share: ₹(3.22)
- Total Assets: ₹1834.66
- Total Liabilities: ₹1353.41
- Net Worth: ₹481.25
Audit Qualification Details
The auditor issued a Disclaimer of Opinion due to insufficient documentation. Specifically:
- Management did not make available necessary records and supporting documents for audit
- Missing documentation includes loan agreements, trade receivables and trade payables confirmations
- Missing invoices and supporting vouchers for sales and purchases made during the year
- The auditor was unable to confirm or verify by alternative means the state of affairs of the Company
Impact Assessment
The adjusted figures after considering the audit qualifications remain identical to the originally reported figures, indicating no quantified impact from the audit qualifications on the financial statements.
Management Response
Management stated they are "looking into concern" regarding the audit qualifications where impact was not quantified by the auditor.
Approval and Governance
The statement was reviewed and approved by the Audit Committee and the Board of Directors at their respective meetings held on 30 May 2026.
Additional Information
- Place: Mumbai
- Date: 30.05.2026