
Amalgamated Electricity Corrects Auditor Report Submission
Amalgamated Electricity Company Ltd has corrected an inadvertent error in its submission of audited financial results for the quarter and year ended March 31, 2026. The company mistakenly attached a standalone limited review report instead of the independent auditor's report. The stock exchange had pointed out this discrepancy. The company has now submitted the correct independent auditor's report, confirming that the financial figures remain unchanged and there is no impact on the disclosed numbers. The Board of Directors had previously approved these audited standalone financial results on May 30, 2026, with an unmodified opinion from statutory auditors Vatsaraj & Co. Additionally, the company appointed NKSB & Associates as internal auditors for FY27.
Key Highlights
- Company corrects inadvertent error in auditor report submission.
- Submitted correct independent auditor's report for FY26 results.
- Financial figures and disclosed numbers remain unchanged.
- Board approved audited results on May 30, 2026.
- Appointed NKSB & Associates as internal auditors for FY27.
Price Impact
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