Rathi Bars Approves FY26 Audited Results with Modified Auditor Opinion

Rathi Bars Limited's Board of Directors met on May 28, 2026, to approve the standalone audited financial results for the quarter and financial year ended March 31, 2026. The statutory auditor, M/s MASAR & Co., issued an audit report with a modified opinion on these results, with a statement on the impact of audit qualifications attached. The Board also noted that manufacturing operations continue to remain suspended and reviewed efforts for revival, including a writ petition filed in the Rajasthan High Court. Discussions with bankers and lenders regarding moratorium, restructuring, and fresh credit facilities are ongoing. Additionally, the Board approved the creation of necessary provisions for doubtful and disputed debtors based on the auditor's recommendation and continued interim arrangements for fixed expenses.