
Board Meeting5 Aug 2026, 04:40 pm
Simplex Realty Ltd Board Approves Un-audited Financial Results
AI Summary
Simplex Realty Ltd announced that its Board of Directors, in a meeting held on August 5, 2026, approved the un-audited financial results for the quarter ended June 30, 2026. The results, which were reviewed by the Audit Committee, are available on the company's website. The Board also approved the re-constitution of its committees, effective from the same date. The company's auditors, Khandelwal & Mehta LLP, provided a limited review report on the standalone unaudited financial results. An emphasis of matter was noted regarding the full erosion of investments in Simplex Papers Limited, an associate company, with management exploring business opportunities for the associate.
Key Highlights
- Board approved un-audited financial results for Q1 FY27.
- Results reviewed by the Audit Committee.
- Committees of the Board were re-constituted.
- Limited review report issued by auditors.
- Investments in associate company fully eroded.
Price Impact
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