
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.
Price Impact
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