Quarterly Result29 May 2026, 04:41 pm
Morgan Ventures: FY26 Audited Results Approved
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 results, along with the auditor's report and declaration regarding the unmodified audit opinion, have been submitted to the stock exchange as per SEBI regulations. The auditor's report includes an emphasis of matter regarding a legal issue involving the revocation of lease rights by MIDC for land valued at ₹320.02 crore, which is currently under litigation at the Bombay High Court.
Key Highlights
- Audited financial results for FY26 approved by the Board on May 29, 2026.
- Auditor's report includes an unmodified opinion on the financial results.
- Legal matter regarding MIDC's revocation of lease rights for land valued at ₹320.02 crore is ongoing.
- Company has filed a writ petition with the Bombay High Court challenging the revocation.
Price Impact
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