StockWatch
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Residential- Commercial Projects
Quarterly Result28 May 2026, 10:23 pm

539189 Board approves FY26 results; Auditor flags going concern

AI Summary

The Board of Directors of 539189 (Adhbhut Infrastructure Limited) approved the Audited Standalone Financial Results for the fourth quarter and financial year ended March 31, 2026. The company reported a net loss before tax of ₹60.79 lakhs for Q4 FY26 and ₹150.36 lakhs for FY26, with accumulated losses reaching ₹2,487.91 lakhs. The statutory auditors, M/s Chatterjee & Chatterjee, highlighted a material uncertainty regarding the company's ability to continue as a going concern due to these losses and erosion of net worth. They also noted the provisional attachment of certain immovable properties and promoter shares by the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002, though management believes it has no impact on operations. Additionally, M/s Prem Prakash Dharnia & Associates were appointed as Internal Auditor for FY26-27.

Key Highlights

  • Board approved Audited Standalone Financial Results for Q4 and FY26.
  • Company reported Q4 FY26 net loss of ₹60.79 lakhs and FY26 net loss of ₹150.36 lakhs.
  • Auditor flagged material uncertainty about going concern due to significant losses.
  • Auditor noted provisional attachment of company properties by Directorate of Enforcement.
  • M/s Prem Prakash Dharnia & Associates appointed as Internal Auditor for FY26-27.