StockWatch
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Residential- Commercial Projects
Board Meeting11 Aug 2026, 05:03 pm

Arkade Developers Approves Unaudited Financials for Q1 FY27

AI Summary

Arkade Developers Ltd announced the approval of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors considered and approved these results during their meeting held on August 11, 2026. The financial results were duly reviewed by the Audit Committee. A limited review report from the statutory auditors, Mittal & Associates, was also enclosed. The board meeting commenced at 12:00 PM and concluded at 4:15 PM. The company also noted an ongoing investigation into alleged financial irregularities involving a former employee.

Key Highlights

  • Board approved unaudited standalone and consolidated financial results.
  • Results are for the quarter ended June 30, 2026.
  • Audit Committee reviewed the financial results.
  • Statutory Auditors issued a limited review report.
  • Investigation into alleged financial irregularities is ongoing.