Satchmo Holdings Declares Unaudited Financial Results

Satchmo Holdings Limited's Board of Directors met on July 24, 2026, to review and approve the unaudited financial results for the quarter ended June 30, 2026. Both standalone and consolidated results were approved. The auditor's limited review report is enclosed. The meeting commenced at 15:00 Hrs and concluded at 17:45 Hrs. The auditor's report highlighted an emphasis of matter regarding a pending final settlement for the Long Island Project, resulting in a disputed liability of ₹1928 lakhs, with revenue not recognized since FY25. Additionally, a 'No Dues Certificate' is pending from HDFC Ltd. for a settlement of ₹1554 lakhs.