Quarterly Result28 May 2026, 10:59 pm
Elango Industries Board Approves Q4/FY26 Audited Results with Qualified Opinion
AI Summary
Elango Industries Limited's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at their meeting on May 28, 2026. The statutory auditors issued a qualified opinion on these results, citing an inability to ascertain the recoverability of an electricity subsidy receivable amounting to ₹1,09,96,636/- included under Other Non-Current Assets. Additionally, the board approved the appointment of M/s. B. Panneer & Co. as the Internal Auditor for FY 2026-27 and considered and approved the draft notice and director's report for the upcoming 37th Annual General Meeting.
Key Highlights
- Board approved audited financial results for Q4 and full year ended March 31, 2026.
- Statutory auditors issued a qualified opinion on the financial results.
- Qualified opinion due to unrecoverable ₹1.1 Cr electricity subsidy receivable.
- M/s. B. Panneer & Co. appointed as Internal Auditor for FY2026-27.
- Draft notice and director's report for 37th Annual General Meeting approved.
Price Impact
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