Board Meeting10 Aug 2026, 10:11 pm
Shree Securities Board Approves Unaudited Q1 FY27 Results
AI Summary
Shree Securities Ltd's Board of Directors convened on August 10, 2026, to approve the unaudited financial results for the first quarter ended June 30, 2026. The results were reviewed by statutory auditors, R. K. Kankaria & Co. The auditor's report highlighted two key matters: unsecured loans advanced at a concessional interest rate and outstanding statutory dues, including professional tax and TDS, with some amounts remaining unpaid for over six months. The auditor stated that nothing came to their attention to suggest material misstatements in the financial results.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Auditor noted unsecured loans at concessional interest rates.
- Significant outstanding statutory dues, including TDS, were highlighted.
- Some statutory dues remain unpaid for over six months.
- Auditor's review found no material misstatements.
Price Impact
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