StockWatch
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Residential- Commercial Projects
Auditor28 May 2026, 07:31 pm

Rajeswari Infra Submits Updated Financials & Audit Qualification Post-CIRP

AI Summary

Rajeswari Infrastructure Limited has submitted updated audited standalone financial results for the quarter and year ended March 31, 2026, to the BSE. This submission includes a Cash Flow Statement prepared under the indirect method, replacing the earlier direct method, and a Statement on Impact of Audit Qualifications, as requested by the exchange. The company recently concluded its Corporate Insolvency Resolution Process (CIRP) on January 13, 2026, with the approval of a resolution plan by the NCLT, leading to the constitution of a Monitoring Committee. The independent auditor has issued a disclaimer of opinion on the financial results, citing the company's CIRP period and the transition of management responsibilities.

Key Highlights

  • Company submitted updated Q4/FY26 financial statements to BSE.
  • Cash Flow Statement now prepared using the indirect method.
  • Statement on impact of audit qualifications also submitted.
  • Company recently exited Corporate Insolvency Resolution Process (CIRP).
  • Auditor issued a disclaimer of opinion on the financial results.