Board Meeting8 Jun 2026, 07:11 pm
Tirupati Innovar Board Approves Audited FY26 Financial Results
AI Summary
Tirupati Innovar Ltd's Board of Directors met on June 8, 2026, to approve the audited standalone financial results for the quarter and year ended March 31, 2026. The company also approved the audited standalone financial statements for the fiscal year. Notably, the statutory auditors issued a disclaimer of opinion on the financial results due to significant issues, including the write-off of trade payables without adequate supporting documentation and a lack of bifurcation for certain trade payables.
Key Highlights
- Board approved audited standalone financial results for FY26.
- Auditors issued a disclaimer of opinion on the financial results.
- Significant issues noted regarding trade payables write-offs.
- Lack of supporting documentation for trade payables was highlighted.
Price Impact
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