CRP Risk Management Board Approves FY26 Results, Reappoints Auditor

CRP Risk Management Limited's Board of Directors, at their meeting on May 28, 2026, approved the Audited Financial Statements for the financial year ended March 31, 2026. They also re-appointed M/s. S.M. Bhat and Associates as the Internal Auditor for FY 2026-27. The Independent Auditor's Report included a qualified opinion, noting the company's classification as a Non-Performing Asset by State Bank of India and The Wai Urban Co-Operative Bank Ltd in 2021. Additionally, the report highlighted outstanding statutory dues of ₹44.41 lakhs (TDS payable) and emphasized outstanding advances to suppliers of ₹8.47 crores and ₹2.44 crores in slow-moving/obsolete inventory with inadequate provisions.