
Citadel Realty Clarifies Auditor Report Upload Error; Approves FY26 Results
Citadel Realty and Developers Ltd has issued a clarification regarding an inadvertent error in uploading auditor reports for the financial year ended March 31, 2026. The company mistakenly uploaded Limited Review Reports instead of the Auditors' Reports. This has now been rectified with the correct reports submitted. The Board of Directors, in a meeting held on May 27, 2026, approved the audited financial results (standalone and consolidated) with an unmodified opinion from the statutory auditors. Additionally, the Board recommended a final dividend of Re. 0.50 per equity share, bringing the total dividend for FY26 to Re. 1.00 per share. The re-appointment of Mr. Ashish Mehta as Internal Auditor for FY27 was also approved. The trading window will reopen on May 30, 2026.
Key Highlights
- Corrected auditor reports uploaded after initial error.
- FY26 audited financial results approved with unmodified auditor opinion.
- Recommended final dividend of Re. 0.50 per share for FY26.
- Total dividend for FY26 amounts to Re. 1.00 per share.
- Internal Auditor re-appointed for FY27.
Price Impact
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