Amit International Files Audit Qualification Impact Statement

Amit International Ltd has submitted its Statement of Impact of Audit Qualifications for the financial year ended March 31, 2026, as per SEBI LODR regulations. The statement, reviewed by the Audit Committee and Board, details three audit qualifications. These include non-provision for doubtful advances of ₹232.26 Lakhs to Topson Iron Ore India Private Limited, non-registration with RBI under Section 45-IA of the RBI Act, and non-recognition of employee retirement benefits as per Ind AS 19. For the first two qualifications, the consequential impact on financial statements could not be determined by the auditors due to insufficient evidence or management representation. For the third qualification, management is reviewing the matter, and the impact is not quantified. The financial figures presented show no difference between audited and adjusted figures for these qualifications.