
Quarterly Result29 May 2026, 04:43 pm
Morgan Ventures Approves Audited Financial Results for FY26
AI Summary
Morgan Ventures Ltd's Board of Directors approved the audited financial results for the quarter and financial year ended March 31, 2026, in a meeting held on May 29, 2026. The board also reviewed the auditor's report with an unmodified opinion. A legal matter concerning land valued at ₹320.02 crore is ongoing, with the company contesting the revocation of lease rights by MIDC in the Bombay High Court. The court has allowed MIDC symbolic possession only, pending the final order.
Key Highlights
- Audited financial results for Q4 and FY26 approved by the board.
- Auditor's report with unmodified opinion received.
- Legal matter ongoing regarding land valued at ₹320.02 crore.
- MIDC's revocation of lease rights being contested in court.
- Court granted interim relief, allowing symbolic possession to MIDC.
Price Impact
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