StockWatch
·
Aluminium
Auditor11 Aug 2026, 06:10 pm

Shree Narmada Aluminium Auditors Issue Qualified Opinion

AI Summary

Shree Narmada Aluminium Industries Ltd has announced that its statutory auditors, SVH & Associates, have issued a Limited Review Report with a Qualified Opinion on the unaudited standalone financial results for the quarter ended June 30, 2026. The report indicates that the auditors' conclusion on the financial statement is based on a review, which is less extensive than an audit. The company's management believes the going concern assumption is sustainable despite a fully eroded net worth, and accounts are prepared on this basis.

Key Highlights

  • Auditors issued a Limited Review Report with Qualified Opinion.
  • Report pertains to unaudited standalone financial results.
  • Period covered is the quarter ended June 30, 2026.
  • Management maintains going concern assumption is sustainable.
  • Company accounts prepared on a going concern basis.