StockWatch
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Residential- Commercial Projects
Quarterly Result3 Nov 2026, 04:41 pm

Kedia Construction Declares Un-audited Financial Results

AI Summary

Kedia Construction Company Limited announced its un-audited financial results for the quarter and half-year ended September 30, 2026, following a Board Meeting held on November 03, 2026. The results were reviewed by statutory auditors, Jhunjhunwala Jain & Associates LLP. The company also noted a pending litigation concerning the Ridge Road Property, valued at ₹112.99 Lakhs, which is shown as inventory without provision for diminution in value. Additionally, the company is proceeding with a Scheme of Arrangement and Amalgamation with Kirti Investments Limited, approved by the National Company Law Tribunal.

Key Highlights

  • Board approved un-audited financial results for Q2 FY27.
  • Limited review report from statutory auditors obtained.
  • Pending litigation regarding Ridge Road Property noted.
  • Scheme of Arrangement with Kirti Investments Limited progressing.