Quarterly Updates26 May 2026, 01:47 pm
Oswal Greentech Audited Results for FY26; Fraudulent Conduct Alleged
AI Summary
Oswal Greentech Ltd has announced its audited financial results for the quarter and year ended March 31, 2026. The results, reviewed by the Audit Committee and approved by the Board of Directors on May 26, 2026, include a modified audit opinion from M/s Mehta Chokshi & Shah LLP. Additionally, the company reported alleged fraudulent conduct and unauthorized acts involving a former authorized representative, Mr. Vishnu Prasad Muddana, related to a property transaction with an estimated impact of ₹14.58 Crores. Legal proceedings have been initiated.
Key Highlights
- Oswal Greentech's Board approved audited financial results for FY26 with a modified audit opinion.
- The company reports alleged fraud involving a former representative related to a property transaction.
- The estimated impact of the alleged fraudulent activity is ₹14.58 Crores.
- Legal proceedings have been initiated regarding the alleged fraudulent conduct.
Price Impact
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