Toyam Sports Ltd: Audit Qualification Impact Disclosure

Toyam Sports Ltd has submitted a statement on the impact of audit qualifications for its standalone and consolidated financial results for the quarter and year ended March 31, 2026. The qualifications include the company's failure to provide for impairment of financial assets using the expected credit loss approach, lack of impairment analysis on loans and advances, non-compliance with RBI Act provisions, pending SEBI investigations, unassessed economic benefits from merchandising agreements, and non-compliance with statutory liabilities like professional tax and TDS. The auditors could not quantify the impact of these qualifications.