Shahi Shipping: Q4 & FY26 Audited Financial Results Approved
Shahi Shipping Limited's Board of Directors, at their meeting on May 28, 2026, approved and took on record the audited financial results for the fourth quarter and the full year ended March 31, 2026. The company submitted these results along with the Independent Auditor's Report. The auditor, B. P. Shah & Co., provided an opinion that the standalone financial results present a true and fair view in conformity with Indian accounting standards. However, the auditor noted an 'Other matter' regarding the company's failure to establish internal financial controls over financial reporting, which prevented them from forming an opinion on the effectiveness of such controls. This disclaimer affects the auditor's opinion on internal controls but not on the financial statements themselves.
Key Highlights
- Board approved audited Q4 and FY26 financial results on May 28, 2026.
- Auditor's report on standalone financial results for FY26 was enclosed.
- Auditor confirmed financial results give a true and fair view of net loss.
- Auditor noted company lacked established internal financial controls.
- Auditor's opinion on financial results is modified due to internal control matter.
Price Impact
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