Board Meeting14 Aug 2026, 11:20 pm
Konndor Industries Ltd Approves Un-audited Q1 FY27 Financial Results
AI Summary
Konndor Industries Limited announced that its Board of Directors has approved the un-audited financial results for the first quarter ended June 30, 2026. The Board also took on record the limited review report issued by M/s. Chandabhoy & Jassoobhoy, Chartered Accountants. The meeting was held on August 14, 2026. The limited review report highlighted certain observations regarding an outstanding loan, advance to supplier, and calls in arrears, noting that these balances could be misstated due to lack of confirmation or supporting documentation.
Key Highlights
- Board approved un-audited financial results for Q1 FY27.
- Limited Review Report from auditors was taken on record.
- Auditors noted potential misstatements in loan and advance balances.
- Issues with calls in arrears were also highlighted by auditors.
Price Impact
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