StockWatch
·
Civil Construction
Board Meeting13 Aug 2026, 09:00 pm

Kridhan Infra Board Approves Q1 FY27 Unaudited Financial Results

AI Summary

Kridhan Infra Ltd's Board of Directors convened on August 13, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also disclosed the appointment of key managerial personnel authorized to determine materiality of events and make disclosures. The financial results were prepared on a going concern basis, with the auditor noting accumulated losses and net worth erosion, but also highlighting the company's efforts to increase its equity base and future business prospects. The auditor's limited review report was also approved.

Key Highlights

  • Board approved unaudited financial results for Q1 FY27.
  • Key managerial personnel authorized for disclosures.
  • Financials prepared on a going concern basis.
  • Auditor noted net worth erosion but ongoing efforts.
  • Limited review reports were also approved.