Board Meeting11 Aug 2026, 03:19 pm
Austin Engineering Declares Standalone & Consolidated Unaudited Results
AI Summary
Austin Engineering Company Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated financial results as per IND-AS. The company also took on record the Limited Review Report issued by M/s. J. C. Ranpura & Co. Additionally, the Board considered and approved a proposed acquisition of a minority equity stake (15% to 20%) in a foreign private limited company, with full details to be disclosed upon finalization of the definitive agreement.
Key Highlights
- Approved standalone and consolidated unaudited financial results for Q1 FY27.
- Limited Review Report from statutory auditors M/s. J. C. Ranpura & Co. was noted.
- Proposed acquisition of a 15%-20% stake in a foreign private limited company.
- Full details of the acquisition to be disclosed upon agreement finalization.
Price Impact
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