Quarterly Updates30 May 2026, 12:31 pm
Sellwin Traders Revised Q3 FY26 Results
AI Summary
Sellwin Traders Ltd submitted revised Standalone and Consolidated Unaudited Financial Results for the Third Quarter ended December 31, 2025. The results were adopted and approved at the Board of Directors meeting held on May 30, 2026. The revision includes recognition of provision against certain advances given to suppliers for procurement of materials, where neither material has been supplied nor the advances have been recovered. Legal proceedings have been initiated for recovery of such advances.
Key Highlights
- Revised Standalone and Consolidated Unaudited Financial Results for Q3 FY26 approved.
- Revision due to provision against unrecovered advances to suppliers.
- Legal proceedings initiated to recover advances.
- Board and Audit Committee decided to create provision for doubtful advances.
Price Impact
More from SELLWIN