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Quarterly Updates17 Jun 2026, 04:03 pm

Arshiya: Audit Qualification for FY25 Results, No Financial Impact

AI Summary

Arshiya Ltd, currently undergoing Corporate Insolvency Resolution Process (CIRP), announced that its Resolution Professional (RP) approved the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2025, on April 28, 2026. These results, along with the Audit Report, were submitted on May 19, 2026. The company delayed submitting the "Statement on Impact of Audit Qualifications" because the Statutory Auditor issued an Audit Report with qualifications. The delay is due to the RP needing to consult with the accounts team amidst CIRP constraints. Despite the qualification, the company clarified that it is a disclaimer of opinion and does not alter the reported financial numbers. For FY25, Turnover/Total Income was ₹1494.85 Lakhs and Net Loss was ₹(109446.03) Lakhs.

Key Highlights

  • Arshiya Ltd is currently undergoing Corporate Insolvency Resolution Process (CIRP).
  • Audited FY25 financial results were approved by RP and filed on May 19, 2026.
  • Audit report for FY25 contains qualifications, causing delay in impact statement.
  • Company states audit qualification is a clarification, with no change to financial numbers.
  • FY25 Turnover ₹1494.85 Lakhs; Net Loss ₹(109446.03) Lakhs.