
Quarterly Result3 Jul 2026, 10:40 pm
Desi Farms India Ltd: Audited FY26 Results Approved
AI Summary
Desi Farms India Ltd announced that its Board of Directors, in a meeting held on July 3, 2026, approved the audited financial results for the quarter and year ended March 31, 2026. The company's statutory auditors, M/s. A N K H & Associates, issued an unmodified audit report. The report highlights a management team change during the financial year as part of strategic reorganization, with operations continuing on a going concern basis. It also notes a ₹50,00,000 expenditure on stamp duty and share capital increase fees treated as revenue expenditure, based on judicial precedent. Additionally, all employees were separated from the company with final settlements executed.
Key Highlights
- Board approved audited financial results for FY26.
- Auditors issued an unmodified opinion.
- Management team change noted as part of reorganization.
- ₹50 Lakhs expenditure treated as revenue.
- All employees separated with final settlements.
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