Auditor26 May 2026, 06:51 pm
Jauss Polymers: Adverse Opinion on FY26 Audited Results
AI Summary
Jauss Polymers Ltd's board meeting on May 26, 2026, approved the audited financial results for the year ended March 31, 2026. Mahesh Yadav & Co., the independent auditor, issued an adverse opinion, citing concerns about the company's ability to continue as a going concern due to a rapid decline in turnover and significant losses, indicating a cessation of operations. The board also appointed M/s Nayan Dedhia & Associates as the Internal Auditor for the financial year 2026-27.
Key Highlights
- Audited financial results for FY26 received an adverse opinion from the independent auditor.
- Auditor cited concerns about the company's ability to continue as a going concern.
- M/s Nayan Dedhia & Associates appointed as Internal Auditor for FY 2026-27.
- Board meeting held on May 26, 2026, to approve financial results and auditor appointment.
Price Impact
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