Auditor29 May 2026, 04:24 pm
Kotia Enterprises: Auditor Issues Qualified Opinion for FY26
AI Summary
Kotia Enterprises Ltd's auditor, M/s Ajay Rattan & Co., issued an audit report with a qualified opinion on the audited financial results for the fiscal year ended March 31, 2026, pursuant to Regulation 33 of SEBI. The company has also submitted a statement on the impact of audit qualifications, addressing concerns related to NBFC registration requirements based on RBI guidelines.
Key Highlights
- Auditor issued a qualified opinion on Kotia Enterprises' FY26 financial results.
- The qualification relates to NBFC registration requirements as per RBI circular.
- Company's financial income is now below 50% of gross income, addressing the prior concern.
- Management believes the qualification does not have a material impact on FY26 financials.
- Kotia Enterprises has initiated steps to ensure continued regulatory compliance.
Price Impact
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