Quarterly Result29 May 2026, 07:53 pm
Rudra Ecovation Approves Audited Results for FY26
AI Summary
Rudra Ecovation Ltd's Board of Directors approved the audited standalone financial results for the quarter and financial year ended March 31, 2026. The board meeting, held on May 29, 2026, also addressed the statement of deviation or variation of funds, resignation of the internal auditor, and appointment of a new internal auditor. The auditor's report indicates a true and fair view of the company's financial performance, with an emphasis on the pending merger with Shiva Texfabs Limited.
Key Highlights
- Audited standalone financial results for the quarter/year ended March 31, 2026, approved.
- No deviation or variation in the utilization of funds raised through preferential allotment.
- Sanjay Kumar resigned as Internal Auditor, effective May 29, 2026.
- Mahender Paul appointed as Internal Auditor for FY 2026-27 onwards.
- Auditor's report emphasizes pending merger with Shiva Texfabs Limited.
Price Impact
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