
Clarification2 Jul 2026, 03:08 pm
Saraswati Saree Depot Resubmits FY26 Results with Signed Audit Qualification Statement
AI Summary
Saraswati Saree Depot Ltd has resubmitted its Annual Financial Results for the quarter and year ended March 31, 2026, along with a signed Statement on Impact of Audit Qualifications. This action addresses discrepancies raised by BSE and NSE regarding an unsigned statement previously submitted. The Board of Directors, in a meeting held on May 29, 2026, approved the audited financial results and the appointment of M/s. Ajit M. Joshi and Associates as Internal Auditors for FY 2026-27. The independent auditor's report indicates a qualified opinion, citing effects from a matter described in the Basis for Qualified Opinion paragraph.
Key Highlights
- Company resubmitted FY26 financial results and signed audit qualification statement.
- Board approved audited financial results for the year ended March 31, 2026.
- M/s. Ajit M. Joshi and Associates appointed as Internal Auditor for FY 2026-27.
- Independent auditor issued a qualified opinion on the financial results.
- Filing addresses previous discrepancies with stock exchanges regarding audit statements.
Price Impact
More from SSDL