Auditor13 Aug 2026, 02:47 pm
Impex Ferro Tech: Auditor's Qualified Conclusion on Q1 FY26 Results
AI Summary
V.K. Tulsyan & Co. LLP, the independent auditor, has issued a limited review report on Impex Ferro Tech Limited's unaudited financial results for the quarter ended June 30, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP). The auditor's conclusion is qualified due to a discrepancy where submitted creditor claims exceeded the amounts appearing in the company's books of account. The report notes that the financial results were prepared under the supervision of the Resolution Professional (RP) and approved by the RP, as the management's powers are vested with the RP during CIRP.
Key Highlights
- Auditor issued a qualified conclusion on unaudited Q1 FY26 results.
- Discrepancy noted between submitted creditor claims and book amounts.
- Company is under Corporate Insolvency Resolution Process (CIRP).
- Financial results prepared under RP's supervision and approval.
- Review scope is less than an audit, not providing an audit opinion.
Price Impact
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