Auditor14 Aug 2026, 08:21 pm
Agio Paper & Industries Ltd: Limited Review Report Issued
AI Summary
Agio Paper & Industries Ltd has submitted its unaudited standalone financial results for the quarter ended June 30, 2026, along with a Limited Review Report from its statutory auditors, Baid Agarwal Singhi & Co. The report highlights a material uncertainty regarding the company's ability to continue as a going concern due to the suspension of factory operations and disposal of plant and machinery. The financial statements have been prepared on a going concern basis, contingent on the company's ability to infuse funds and resume operations. The auditors' opinion was not modified concerning this matter.
Key Highlights
- Unaudited standalone financial results for Q1 FY27 filed.
- Limited Review Report issued by statutory auditors.
- Material uncertainty exists regarding going concern.
- Operations suspended; substantial plant disposal noted.
- Financials prepared on going concern basis, subject to funding.
Price Impact
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