
Shree Krishna Infra: Audit Qualification Impact Statement Filed
Shree Krishna Infrastructure Ltd has submitted a Statement on Impact of Audit Qualifications for the financial year ended March 31, 2026. The audit report, issued by NKSC & Co., highlighted a qualified opinion due to the current management's inability to verify transactions and verify the company's financial records, including bank statements, loan agreements, receivables, payables, and supporting vouchers. This was attributed to a change in management/shareholders during the year. The financial figures for turnover, expenditure, net profit/loss, EPS, assets, liabilities, and net worth remained unchanged after adjusting for the qualifications, as the impact was not quantifiable by the auditor. The Board of Directors reviewed and approved this statement on May 29, 2026.
Key Highlights
- Audit qualification issued for FY26 due to insufficient records.
- Management unable to verify transactions and financial data.
- No quantified impact on financial statements reported.
- Board of Directors approved the audit qualification statement.
Price Impact
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