
509024 Board approves Q4/FY26 results with modified opinion
The Board of Directors of 509024 approved the Audited Financial Results for the quarter and year ended March 31, 2026. The Statutory Auditors, M/s Sunil Vankawala & Associates, issued an Auditor’s Report on these results with a modified opinion. Additionally, the Board approved increasing the company's borrowing limits to ₹500,00,00,000, subject to shareholder approval. Mr. Ashish Anand was appointed as an Additional Non-Executive Independent Director for five years, also subject to shareholder approval. The Board also re-constituted the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees, and approved the re-appointment of Mr. Rahul Katakkar as Internal Auditor for FY 2026-27. Remuneration for the Executive Director & CEO, Mr. Jaspal Singh Sidhu, was also revised.
Key Highlights
- Board approved Q4 and FY26 Audited Financial Results.
- Statutory Auditors issued a report with a modified opinion.
- Borrowing limits increased to ₹500 Crore, subject to shareholder approval.
- Mr. Ashish Anand appointed as Additional Independent Director.
- Key committees re-constituted; Internal Auditor re-appointed.
Price Impact
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