
Board Meeting7 Aug 2026, 06:11 pm
Eurotex Industries Declares Unaudited Q1 FY27 Results
AI Summary
Eurotex Industries and Exports Ltd announced that its Board of Directors has approved the unaudited financial results for the quarter ended June 30, 2026. The board meeting took place on August 7, 2026. The company has submitted these results along with a limited review report as per SEBI regulations. The auditor's report highlights a material uncertainty related to going concern due to eroded net worth and discontinued plant operations, though management plans land development. It also notes a matter regarding electricity charges and duty where the Supreme Court ruled against the company, but review petitions are being filed.
Key Highlights
- Unaudited financial results for Q1 FY27 approved.
- Board meeting held on August 7, 2026.
- Limited review report enclosed with results.
- Going concern basis preparation noted.
- Disputed electricity charges mentioned in auditor's report.
Price Impact
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