AJEL Ltd: Board Approves Audited Financial Results for FY26

AJEL Ltd announced that its Board of Directors has considered, approved, and taken on record the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company also noted the audited report for the same period. The Board meeting was held on May 30, 2026. The Managing Director declared that the statutory auditors, M/s. GMK & CO LLP, have issued an audit report with an unmodified opinion on the annual audited financial results. However, the independent auditor's report on consolidated financial statements includes a disclaimer of opinion due to issues related to a loan declared NPA, lack of details on trade payables and receivables, and unconfirmed goodwill impairment testing.