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Other Textile Products
Quarterly Result9 Jun 2026, 06:31 pm

Rainbow Denim Revises FY26 Financials Due to Rounding Error

AI Summary

Rainbow Denim Ltd has revised its audited financial results for the year ended March 31, 2026. The revision addresses a clerical error where figures in the Statement of Assets and Liabilities were rounded off in ten lakhs instead of lakhs. The company clarified that this was an unintentional rounding error and that all other financial figures, including revenue, expenses, and net profit, remain unchanged. The correction is limited to the presentation of the Statement of Assets and Liabilities, ensuring accuracy and compliance with SEBI regulations. The revised results have been filed and disseminated to stakeholders.

Key Highlights

  • Rainbow Denim revises FY26 audited financial results.
  • Error was due to incorrect rounding in Statement of Assets and Liabilities.
  • No change in core financial figures like revenue or profit.
  • Revision ensures compliance with SEBI LODR Regulations.
  • Company assures measures to prevent future clerical errors.