India Infraspace Ltd Board Approves Unaudited Q1 FY27 Results

India Infraspace Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, considered and approved the Unaudited Standalone Financial Results for the first quarter ended June 30, 2026. The company has submitted these results along with the Limited Review Report from its statutory auditors. The auditors noted that the company has not maintained accounting software with an audit trail feature as prescribed. Additionally, verification of bank balances and transactions with Union Bank of India was not possible due to the absence of bank statements. Balances for Trade Receivables, Unsecured Loans, Loans and Advances, Trade Payables/Creditors, and Advances to Trade Payables/Creditors as of June 30, 2026, were subject to confirmation and reconciliation, and sufficient audit evidence could not be obtained for their existence, completeness, accuracy, and valuation.