
Board Meeting5 Aug 2026, 04:50 pm
Simplex Realty Ltd Declares Un-audited Financial Results
AI Summary
Simplex Realty Ltd announced the outcome of its Board Meeting held on August 5, 2026. The Board approved the un-audited financial results (standalone and consolidated) for the quarter ended June 30, 2026. These results have been reviewed by the Audit Committee and come with a Limited Review Report from the statutory auditors. The Board also approved the re-constitution of its committees, effective from August 5, 2026. The financial results will be available on the company's website. The auditor's report notes that investments in Simplex Papers Limited (an associate) are fully eroded, but management is exploring opportunities for the associate and preparing results on a going concern basis.
Key Highlights
- Board approved un-audited financial results for Q1 FY27.
- Results are standalone and consolidated.
- Audit Committee reviewed the financial results.
- Board committees have been re-constituted.
- Investments in associate company fully eroded.
Price Impact
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