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Auditor1 Jun 2026, 06:21 pm

Alstone Textiles: Audit Qualification Impact for FY26

AI Summary

Alstone Textiles (India) Ltd has declared the impact of audit qualifications on the audit report for the year ended March 31, 2026, as per Regulation 33 of SEBI guidelines. The audit report contains a modified opinion due to non-provision of interest on loans and non-compliance with Indian Accounting Standards. The management intends to comply with these standards from the next year.

Key Highlights

  • Audit qualification includes non-provision of interest on loans.
  • Standalone financial statements do not comply with Indian Accounting Standards.
  • Auditor's opinion is adverse.
  • Management states the company will comply from next year.
  • Net Worth reported as ₹65878.84.