Ind Agiv Commerce Ltd Board Approves Q1 FY27 Unaudited Financials

Ind Agiv Commerce Ltd announced the outcome of its Board Meeting held on September 9, 2026, where the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, were approved. The Board and Audit Committee passed the financials. The meeting also discussed a proposal for the issue of shares. The auditor's report indicates that the consolidated financial statements provide a true and fair view, adhering to accounting standards and listing regulations. However, the report highlights issues with the company's ERP system lacking an audit trail and notes significant outstanding statutory dues and overdue loan payments, with some matters under court litigation or restructuring.