531505 Board Approves Q4/FY26 Results; Auditor Issues Qualified Opinion

The Board of Directors of 531505 (INDERGIRI FINANCE LIMITED) approved the Audited Financial Results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026. M/s. Sampat & Mehta LLP, the Statutory Auditors, issued an independent auditors’ report with a qualified opinion. The qualification stems from the company's failure to maintain the minimum Net Owned Fund (NOF) of ₹500 Lakhs as required by RBI for NBFCs. The company's NOF stood at ₹225.63 Lakhs as of March 31, 2025, and a negative ₹64.19 Lakhs as of March 31, 2026. Despite indicating a plan to remedy the deficiency through a ₹1,000 Lakhs rights issue by March 31, 2026, the issue has not been completed, nor has the draft Letter of Offer been filed with SEBI. The financial information was prepared on a going concern basis, despite the regulatory non-compliance and potential cancellation of its Certificate of Registration.