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Advertising & Media Agencies
Auditor14 May 2026, 07:51 pm

Esha Media Research Approves Audited FY26 Results; Auditor Qualified Opinion

AI Summary

Esha Media Research Ltd's board approved the audited standalone financial results for the year ending March 31, 2026. M/s S. K. Patodia & Associates LLP appointed as statutory auditors, replacing M/s N.A Shah & Associates. Ashish B & Associates appointed as internal auditors, replacing M/s Kirtane & Pandit LLP. The auditor's report contains a qualified opinion due to non-compliance with sections 73 and 74 of the Act and notes a material uncertainty related to going concern due to accumulated losses and current liabilities exceeding current assets.

Key Highlights

  • Audited standalone financial results for FY26 approved with a qualified opinion.
  • S. K. Patodia & Associates LLP appointed as statutory auditors.
  • Ashish B & Associates appointed as internal auditors for FY27.
  • Auditor's report highlights non-compliance issues and going concern uncertainty.
  • Company is regularizing non-compliances as per section 73 and 74 of the Act.