StockWatch
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Non Banking Financial Company (NBFC)
Auditor26 May 2026, 05:52 pm

Shri Niwas Leasing: Adverse Opinion on Audit Report for FY26

AI Summary

Shri Niwas Leasing And Finance Ltd declared an adverse opinion on the audit report for the year ended March 31, 2026, as per regulation 33 of SEBI (LODR) Regulations, 2015. The Independent Auditor's Report, issued by VRSK & Associates, Chartered Accountants, on the Standalone Audited Financial Results, contains an adverse opinion. The standalone financial statements do not comply with the Indian Accounting Standards under section 133 of the Act and may not give a true and fair view due to non-provision of interest on loans.

Key Highlights

  • Adverse opinion issued on FY26 audit report.
  • Standalone financial statements do not comply with Indian Accounting Standards.
  • Non-provision of interest on loans impacts true and fair view.