Quarterly Result19 May 2026, 01:07 pm
Jhandewalas Foods Approves Unaudited Results for Half Year Ended Mar 2026
AI Summary
Jhandewalas Foods Ltd's Board of Directors approved the unaudited financial results for the half year ended March 31, 2026, during a meeting held on May 18, 2026. The results, along with the Limited Review Report from Jain Chowdhary & Co., have been submitted as per Regulation 33 of the Listing Regulations. The auditor's report highlights concerns regarding defaults in repayment to financial institutions and discrepancies in asset ownership, with ₹5.76 Crores of immovable assets lacking proper title deeds.
Key Highlights
- Board approved unaudited financial results for half year ended March 31, 2026.
- Auditors report defaults in repayment to financial institutions, including Axis Bank and Acme Resource Limited.
- Axis Bank has filed a suit against the company at Debt Recovery Tribunal (DRT) Jaipur.
- ₹5.76 Crores of immovable assets lack proper title deeds in the company's name.
- Auditor's review conducted as per SRE 2410.
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