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Quarterly Result29 May 2026, 02:04 am

517063 Approves Q4/FY26 Results; Re-appoints Auditor & MD

AI Summary

The Board of Directors of 517063, in a meeting held on May 28, 2026, approved the Audited Financial Statements (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. The board also re-appointed M/s. Divatia and Mehta, Chartered Accountants, as the Internal Auditor for the financial year 2026-2027. Additionally, Mr. Harsh Bharwani was re-appointed as Managing Director & CEO for a three-year term from August 31, 2026, to August 30, 2029, subject to shareholder approval via postal ballot. The independent auditor's report on standalone financial results for Q4 and FY26 had an unmodified opinion, with an emphasis on a ₹36.77 Lakhs recoverable amount from a broker, currently under appeal.

Key Highlights

  • Board approved Q4 and FY26 audited financial results.
  • Divatia & Mehta re-appointed as Internal Auditor for FY2026-27.
  • Harsh Bharwani re-appointed as MD & CEO for three years, pending shareholder nod.
  • Postal ballot initiated for MD & CEO re-appointment.
  • Unmodified audit opinion on Q4/FY26 standalone financial results.