Invigorated Business Consulting Appoints GAV & Associates as Auditor
Invigorated Business Consulting Ltd's Board of Directors has approved the appointment of M/s. GAV & Associates, Chartered Accountants, as the Statutory Auditors. This appointment is subject to shareholder approval at the upcoming 39th AGM. The auditors will serve for a term of five years, commencing from the conclusion of the 39th AGM until the conclusion of the 44th AGM. The company also considered and approved its Unaudited Financial Results for the quarter and half-year ended September 30, 2026, which showed a net loss of ₹6.72 Lacs for the quarter and a total comprehensive income loss of ₹12.06 Lacs for the half-year. The company's net worth has been fully eroded, but the management believes the going concern concept is not vitiated due to future business plans.
Key Highlights
- New statutory auditors appointed, pending shareholder approval.
- Auditors appointed for a five-year term.
- Unaudited Q2 FY27 results show a net loss of ₹6.72 Lacs.
- Company's net worth is fully eroded.
- Management expresses confidence in future business plans.
Price Impact
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