Board Meeting14 Aug 2026, 06:20 pm
Goyal Associates Ltd Board Approves Un-Audited Q1 FY27 Results
AI Summary
Goyal Associates Ltd announced that its Board of Directors, in a meeting held on August 14, 2026, approved the standalone un-audited financial results for the quarter ended June 30, 2026. The company also received a limited review report from its statutory auditors, RSRV & Associates. The auditors noted issues with compliance and payments of TDS, GST, PF, and other statutory dues pending for over six months. Additionally, reports for loans and advances given were not generated by the company's system, leading to a qualified conclusion in the review report.
Key Highlights
- Board approved Q1 FY27 unaudited financial results.
- Limited review report issued by statutory auditors.
- Auditors flagged compliance issues with TDS, GST, PF.
- Significant delays in statutory dues payments noted.
- Loan and advance reporting system deficiencies identified.
Price Impact
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