Auditor16 May 2026, 08:51 pm
Tirupati Fincorp: Auditor Disclaims Opinion on FY26 Results
AI Summary
Tirupati Fincorp Ltd's board approved audited financial statements for the year ended March 31, 2026, with a disclaimer of opinion from the statutory auditors, M/s. JCR & Co. LLP. The disclaimer is due to unresolved issues regarding the write-off of loan liabilities and an increment in income of ₹8.20 crores from the previous year, which were not adequately addressed by the company. The board meeting concluded at 6:00 P.M.
Key Highlights
- Auditor disclaims opinion on FY26 standalone financial results.
- Unresolved issues from FY25 regarding loan write-offs persist.
- Prior qualification was not addressed in the Director's report.
- Auditor cites insufficient evidence to resolve prior issues.
- Board approved audited financials despite auditor's disclaimer.
Price Impact
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