StockWatch
·
Industrial Products
Business Update17 May 2026, 06:01 pm

Kaynes Tech Corrects Cash Flow Classification for FY26

AI Summary

Kaynes Technology India Ltd. identified an error in the classification of cash flows from financing activities in its consolidated and standalone financial statements for the year ended March 31, 2026. The correction involves reclassification within the cash flow statements, with revised figures provided for both consolidated and standalone cash flows. This change does not impact the total cash flows, cash equivalents, Statement of Profit and Loss, Balance Sheet, or earnings per share. The audit committee, board of directors, and statutory auditors have been informed, with the auditors confirming that the correction does not affect their audit opinion.

Key Highlights

  • Kaynes Tech corrects classification within FY26 cash flow statements.
  • Revised cash flow figures provided for consolidated and standalone statements.
  • Correction does not impact total cash flows or financial statements.
  • Auditors confirm no impact on audit opinion.
  • Reclassification informed to Audit Committee and Board.