Board Meeting11 Aug 2026, 05:41 pm
Artefact Projects Ltd Board Approves Q1 FY27 Unaudited Financial Results
AI Summary
Artefact Projects Ltd announced that its Board of Directors, in a meeting held on August 11, 2026, approved the un-audited financial results for the quarter ended June 30, 2026. The company also received a Limited Review Report from its statutory auditors. The board meeting commenced at 4:00 p.m. and concluded at 4:52 p.m. The trading window will remain closed for 48 hours post-publication of the results. The limited review report highlighted management's opinion on the recoverability of investments in two cooperative banks and noted accounting for receipts on an accrual basis, which impacted work in progress, sales, and profits.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Limited Review Report received from statutory auditors.
- Trading window to remain closed for 48 hours post-results.
- Investments in cooperative banks deemed recoverable.
- Accounting policy impacts work in progress and sales.
Price Impact
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