Auditor12 May 2026, 09:51 pm
Platinum Industries: Modified Opinion on FY26 Audited Results
AI Summary
Platinum Industries Ltd announced a modified opinion on its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The decision was made during a Board Meeting held on May 12, 2026. Additionally, the board approved the appointment of M/s Pipalia Singhal & Associates as Internal Auditors for FY 2026-27 and approved the issuance of fresh equity shares by its subsidiary, Rivadu Lifesciences Private Limited, conditional to maintaining a minimum 51% shareholding.
Key Highlights
- Audited financial results for FY26 received a modified opinion.
- M/s Pipalia Singhal & Associates appointed as Internal Auditors for FY27.
- Rivadu Lifesciences Private Limited's equity share issuance approved, subject to conditions.
- Senior Managerial Personnel (SMP) of the Company to be Re-Constituted.
Price Impact
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