AccelerateBS India Ltd: Auditor Clarifies Typo in FY26 Report
AccelerateBS India Ltd has issued a clarification regarding a typographical error in its Independent Standalone Auditor's Report for the financial year ended March 31, 2026. The error, identified in Clause 3(ix)(b) of CARO 2020, incorrectly stated the company was a wilful defaulter. The statutory auditors, M/s. K S Sanghvi & Co., have confirmed this was an inadvertent typing mistake and that the company has not been declared a wilful defaulter by any bank, financial institution, government authority, or other lender. This correction does not impact the audit opinion or the financial statements. A corrected Auditor's Report, dated May 28, 2026, has been submitted to BSE Limited, superseding the previous version.
Key Highlights
- Typographical error found in FY26 Auditor's Report regarding wilful defaulter status.
- Company confirms it has not been declared a wilful defaulter.
- Auditor clarifies the error does not affect audit opinion or financial statements.
- Corrected Auditor's Report submitted to BSE, superseding the prior filing.
Price Impact
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