StockWatch
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Housing Finance Company
Quarterly Result9 Nov 2026, 06:30 pm

Manraj Housing Finance Files Unaudited Financial Results

AI Summary

Manraj Housing Finance Limited has submitted its unaudited financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results along with the Limited Review Report from the statutory auditors. The company will publish extracts of these results in newspapers as per listing regulations. A significant concern highlighted in the auditor's report relates to approximately 95% of the company's assets, comprising advances and receivables from related parties, being attached by the Enforcement Directorate (ED) under PMLA. Additionally, around 65% of the company's liabilities are unsecured loans from related parties with beneficial interests in the attached properties, creating uncertainty about recoverability and valuation.

Key Highlights

  • Unaudited financial results for Q2 FY27 filed.
  • Limited Review Report from auditors attached.
  • Significant portion of assets attached by ED.
  • Recoverability and valuation of assets are concerns.
  • Uncertainty surrounds related party liabilities.