StockWatch
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Diversified Commercial Services
Board Meeting13 Aug 2026, 06:10 pm

India Infraspace Ltd Board Approves Unaudited Q1 FY27 Results

AI Summary

India Infraspace Ltd announced that its Board of Directors met on August 13, 2026, to consider and approve the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The company has submitted these results along with the Limited Review Report from its statutory auditors. The review report highlighted certain areas requiring attention, including the absence of an audit trail in accounting software, unverified bank balances with Union Bank of India, and balances for trade receivables, unsecured loans, loans and advances, trade payables/creditors, and advances to trade payables/creditors that were subject to confirmation and reconciliation.

Key Highlights

  • Board approved unaudited standalone financial results for Q1 FY27.
  • Results submitted with Limited Review Report.
  • Audit trail feature missing in accounting software.
  • Certain balances require confirmation and reconciliation.
  • Bank balances with Union Bank of India unverified.