Vashu Bhagnani Industries Board to revise consolidated financials on April 16

Vashu Bhagnani Industries Ltd has announced a Board of Directors meeting scheduled for April 16, 2026. The primary agenda is to consider and approve a revision in the company's consolidated financial statements. This revision is necessitated by an inadvertent clerical error identified in the financial statements of its subsidiary incorporated in the UAE. The error, found during a subsequent review by the subsidiary and its auditors, impacted the company's consolidated financials. The Board aims to incorporate corrected financial information to ensure a true and fair view. Additionally, the trading window for dealing in the company's securities will remain closed for designated persons and their immediate relatives until 48 hours after the declaration of the revised financial results.