Quarterly Result30 May 2026, 01:01 pm
IL&FS Investment Managers Approves Audited Financials for FY26
AI Summary
The Board of Directors of IL&FS Investment Managers Limited approved the audited consolidated financial statements for the quarter and financial year ended March 31, 2026, as recommended by the Audit Committee. The meeting, held on May 30, 2026, commenced at 09:40 a.m. and concluded at 10:00 a.m. The auditor's report includes a modified opinion due to ongoing investigations by the Serious Fraud Investigation Office (SFIO) against the IL&FS Group. Additionally, a subsidiary, Andhra Pradesh Urban Infrastructure Asset Management Limited, has unbilled revenue balances of ₹1,036.61 lakhs, with ₹600.81 lakhs outstanding for over one year.
Key Highlights
- IL&FS Investment Managers approved audited consolidated financial statements for FY26.
- Auditors issued a report with a modified opinion due to SFIO investigations.
- Subsidiary APUIAML has unbilled revenue balances of ₹1,036.61 lakhs.
- ₹600.81 lakhs of APUIAML's unbilled revenue has been outstanding for over a year.
- The board meeting to approve the results was held on May 30, 2026.
Price Impact
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