Ind Agiv re-submits Q1 FY27 results; Auditor flags NPA, dues
Ind Agiv Commerce Ltd has re-submitted its standalone and consolidated financial results for the quarter ended June 30, 2026. The company initially submitted Auditor's Reports inadvertently and has now corrected this by submitting the applicable Limited Review Reports. The company confirmed that there are no changes to the financial results themselves. The Independent Auditor's Limited Review Report highlighted several issues, including the company's non-finalized operating software lacking an audit trail, significant outstanding statutory dues, and overdue loans from NBFCs totaling ₹8.35 crore. Notably, a loan from Redfort Capital Finance Co. Pvt Ltd amounting to ₹4.38 crore has been declared as a Non-Performing Asset (NPA).
Key Highlights
- Company re-submitted Q1 FY27 standalone and consolidated results.
- Corrected submission includes Limited Review Reports instead of Auditor's Reports.
- Auditor noted issues: non-finalized software, lack of audit trail.
- Significant outstanding statutory dues and overdue loans of ₹8.35 Cr.
- Redfort Capital loan of ₹4.38 Cr declared as Non-Performing Asset.
Price Impact
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