StockWatch
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Diversified Commercial Services
Quarterly Result29 May 2026, 08:32 pm

Sobhagya Mercantile Approves FY26 Audited Results

AI Summary

Sobhagya Mercantile Ltd's Board of Directors approved the IND-AS compliant audited standalone financial results along with the Independent Auditors' Report for the quarter and financial year ended March 31, 2026. The board also approved the appointment of M/s Ashish Mittal & Associates as Internal Auditors for FY 2026-27 and approved material related party transactions with MKS Constro-Venture Private Limited, subject to member approval. Additionally, the board approved the Postal Ballot Notice for shareholder approval of related party transactions and appointed M/s PDTS & Associates as Scrutinizer for the Postal Ballot Process. The board meeting concluded at 08:15 P.M.

Key Highlights

  • Approved FY26 audited standalone financial results.
  • Appointed M/s Ashish Mittal & Associates as Internal Auditors for FY27.
  • Approved related party transaction with MKS Constro-Venture Private Limited.
  • Approved Postal Ballot Notice for related party transactions.
  • Appointed M/s PDTS & Associates as Scrutinizer for Postal Ballot Process.